3, LAKESIDE WALK, STANWAY, COLCHESTER, CO3 8WT - £403,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 LAKESIDE WALK is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £403,000 in January 2017, which was around 1% below the average January 2017 detached price in the Colchester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

3 LAKESIDE WALK Sold Prices

Land registry data shows two sales for 3 LAKESIDE WALK 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. One of the two 3 LAKESIDE WALK sales was for below the average price, whilst the other was 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
2017 31 JAN	£403,000	£408,341	1% below HPI
2000 31 MAR	£149,000	£135,902	10% above HPI

3 LAKESIDE WALK 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 LAKESIDE WALK sales from March 2000 and January 2017 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 March 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 LAKESIDE WALK?

3 LAKESIDE WALK is 110m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% 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 LAKESIDE WALK lies on this distribution: 48% of detached houses are smaller than 3 LAKESIDE WALK, and 51% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 LAKESIDE WALK: Plot and Title Map

3 LAKESIDE WALK sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 3 LAKESIDE WALK, 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 LAKESIDE WALK). 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 LAKESIDE WALK?

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