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 TYED CROFT is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £400,000 in July 2022, which was around 21% below the average July 2022 detached price in the Colchester local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 3 TYED CROFT since 1st 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. All of the four 3 TYED CROFT 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 29 JUL | £400,000 | £508,068 | 21% below HPI |
2017 1 AUG | £305,000 | £428,227 | 29% below HPI |
2008 28 OCT | £195,000 | £263,433 | 26% below HPI |
2001 28 AUG | £129,995 | £167,800 | 23% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 3 TYED CROFT sales between August 2001 and July 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 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
3 TYED CROFT is 85m² according to the EPC inspection conducted in June 2020. 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 TYED CROFT lies on this distribution: 20% of detached houses are smaller than 3 TYED CROFT, and 79% of houses are larger. Note that EPC data is not available for all properties in Colchester.
3 TYED CROFT sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 3 TYED CROFT, 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 TYED CROFT). 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.
3 TYED CROFT is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 3 on TYED CROFT.