3, RED PANDA ROAD, STANWAY, COLCHESTER, CO3 8BB - £320,000

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 RED PANDA ROAD is a small detached house of 87m². It was last sold for £320,000 in September 2020, which was around 26% below the average September 2020 detached price in the Colchester local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

3 RED PANDA ROAD Sold Prices

Land registry data shows two sales for 3 RED PANDA 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 RED PANDA 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
2020 18 SEP	£320,000	£434,672	26% below HPI
2018 15 FEB	£319,995	£435,030	26% below HPI

3 RED PANDA 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 RED PANDA ROAD sales from February 2018 and September 2020 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 February 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2020 sale, which was also at 26% below the HPI.

How Large is 3 RED PANDA ROAD?

3 RED PANDA ROAD is 87m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% 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 RED PANDA ROAD lies on this distribution: 22% of detached houses are smaller than 3 RED PANDA ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 RED PANDA ROAD: Plot and Title Map

3 RED PANDA ROAD sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 3 RED PANDA 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 RED PANDA 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 RED PANDA ROAD?

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