26, PEARMAIN WAY, STANWAY, COLCHESTER, CO3 0NP - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

26 PEARMAIN WAY is a very small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £325,000 in September 2020, which was around 25% below the average September 2020 detached price in the Colchester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

26 PEARMAIN WAY Sold Prices

Land registry data shows two sales for 26 PEARMAIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 26 PEARMAIN WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 25 SEP	£325,000	£434,672	25% below HPI
2019 20 DEC	£250,000	£425,212	41% below HPI

26 PEARMAIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 26 PEARMAIN WAY sales from December 2019 and September 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2019 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 26 PEARMAIN WAY?

26 PEARMAIN WAY is 78m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 26 PEARMAIN WAY lies on this distribution: 11% of detached houses are smaller than 26 PEARMAIN WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Colchester.

26 PEARMAIN WAY: Plot and Title Map

26 PEARMAIN WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 26 PEARMAIN WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 26 PEARMAIN WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 26 PEARMAIN WAY?

26 PEARMAIN WAY is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 26 on PEARMAIN WAY.