4, PENGUIN PARADE, STANWAY, COLCHESTER, CO3 8BU - £310,000

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

4 PENGUIN PARADE is a very small detached house of 64m². It was last sold for £310,000 in October 2023, which was around 38% below the average October 2023 detached price in the Colchester local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

4 PENGUIN PARADE Sold Prices

Land registry data shows two sales for 4 PENGUIN PARADE 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 4 PENGUIN PARADE 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
2023 11 OCT	£310,000	£496,526	38% below HPI
2018 29 JUN	£260,000	£432,030	40% below HPI

4 PENGUIN PARADE 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 4 PENGUIN PARADE sales from June 2018 and October 2023 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 June 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2023 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 4 PENGUIN PARADE?

4 PENGUIN PARADE is 64m² according to the EPC inspection conducted in June 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 4 PENGUIN PARADE lies on this distribution: 4% of detached houses are smaller than 4 PENGUIN PARADE, and 96% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 PENGUIN PARADE: Plot and Title Map

4 PENGUIN PARADE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 4 PENGUIN PARADE, 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 4 PENGUIN PARADE). 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 4 PENGUIN PARADE?

4 PENGUIN PARADE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 4 on PENGUIN PARADE.