3, BARN FIELDS, STANWAY, COLCHESTER, CO3 0WL - £330,000

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

3 BARN FIELDS is a very small detached house of 49m², built sometime between 1996 and 2002. It was last sold for £330,000 in November 2018, which was around 24% below the average November 2018 detached price in the Colchester local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

3 BARN FIELDS Sold Prices

Land registry data shows four sales for 3 BARN FIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the four 3 BARN FIELDS 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
2018 9 NOV	£330,000	£437,007	24% below HPI
2014 26 JUN	£242,500	£316,435	23% below HPI
2002 4 DEC	£174,000	£224,803	23% below HPI
1999 24 SEP	£130,000	£123,279	5% above HPI

3 BARN FIELDS 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 four 3 BARN FIELDS sales between September 1999 and November 2018 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 June 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 BARN FIELDS?

3 BARN FIELDS is 49m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 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 3 BARN FIELDS lies on this distribution: 1% of detached houses are smaller than 3 BARN FIELDS, and 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 BARN FIELDS: Plot and Title Map

3 BARN FIELDS sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 3 BARN FIELDS, 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 3 BARN FIELDS). 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 3 BARN FIELDS?

3 BARN FIELDS is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 3 on BARN FIELDS.