37, VILLA ROAD, STANWAY, COLCHESTER, CO3 0RN - £305,000

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

37 VILLA ROAD is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £305,000 in June 2021, which was around 31% below the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

37 VILLA ROAD Sold Prices

Land registry data shows two sales for 37 VILLA 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 37 VILLA 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
2021 9 JUN	£305,000	£442,452	31% below HPI
2020 3 APR	£260,000	£427,871	39% below HPI

37 VILLA 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 37 VILLA ROAD sales from April 2020 and June 2021 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 2020 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 37 VILLA ROAD?

37 VILLA ROAD is 68m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 37 VILLA ROAD lies on this distribution: 6% of detached houses are smaller than 37 VILLA ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Colchester.

37 VILLA ROAD: Plot and Title Map

37 VILLA ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 37 VILLA 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 37 VILLA 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 37 VILLA ROAD?

37 VILLA ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 37 on VILLA ROAD.