296, LONDON ROAD, STANWAY, COLCHESTER, CO3 8PB - £1,195,000

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

296 LONDON ROAD is a very large extended detached house of 574m², built sometime before 1900. It was last sold for £1,195,000 in September 2015, which was around 230% above the average September 2015 detached price in the Colchester local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

296 LONDON ROAD Sold Prices

Land registry data shows two sales for 296 LONDON ROAD 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 296 LONDON ROAD sales were for above 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
2015 8 SEP	£1,195,000	£362,538	230% above HPI
2006 7 JUL	£905,000	£279,139	224% above HPI

296 LONDON ROAD 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 296 LONDON ROAD sales from July 2006 and September 2015 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 July 2006 sale was for 224% above the HPI. So the extrapolation line tracks at 224% above the HPI over time, until the September 2015 sale, where it rises to 230% above the HPI. The line then continues to track at 230% above the HPI.

How Large is 296 LONDON ROAD?

296 LONDON ROAD is 574m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 296 LONDON ROAD lies on this distribution: More than 99% of detached houses are smaller than 296 LONDON ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Colchester.

296 LONDON ROAD: Plot and Title Map

296 LONDON ROAD sits on a plot of roughly 2.1 acres, or 8,675m². The below map shows the location of 296 LONDON ROAD, 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 296 LONDON ROAD). 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 296 LONDON ROAD?

296 LONDON ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 296 on LONDON ROAD.