3, MASKELL WAY, STANWAY, COLCHESTER, CO3 0BB - £452,000

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 MASKELL WAY is a small detached house of 102m². It was last sold for £452,000 in October 2022, which was around 13% below the average October 2022 detached price in the Colchester local authority area. The most recent EPC inspection was June 2020, where the current energy rating was B, and the potential energy rating was A.

3 MASKELL WAY Sold Prices

Land registry data shows two sales for 3 MASKELL 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 3 MASKELL 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
2022 21 OCT	£452,000	£521,058	13% below HPI
2020 21 AUG	£344,995	£432,960	20% below HPI

3 MASKELL 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 3 MASKELL WAY sales from August 2020 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 August 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 MASKELL WAY?

3 MASKELL WAY is 102m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% 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 MASKELL WAY lies on this distribution: 39% of detached houses are smaller than 3 MASKELL WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 MASKELL WAY: Plot and Title Map

3 MASKELL WAY sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 3 MASKELL 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 3 MASKELL 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 3 MASKELL WAY?

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