3, FINCH ROAD, STANWAY, COLCHESTER, CO3 8DF - £357,500

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 FINCH ROAD is a very small detached house of 78m². It was last sold for £357,500 in October 2022, which was around 31% below the average October 2022 detached price in the Colchester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

3 FINCH ROAD Sold Prices

Land registry data shows two sales for 3 FINCH 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 3 FINCH ROAD 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
2022 28 OCT	£357,500	£521,058	31% below HPI
2019 30 APR	£309,950	£433,153	28% below HPI

3 FINCH 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 3 FINCH ROAD sales from April 2019 and October 2022 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 April 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 FINCH ROAD?

3 FINCH ROAD is 78m² according to the EPC inspection conducted in March 2019. 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 3 FINCH ROAD lies on this distribution: 11% of detached houses are smaller than 3 FINCH ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 FINCH ROAD: Plot and Title Map

3 FINCH ROAD sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 3 FINCH 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 3 FINCH 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 3 FINCH ROAD?

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