4, SALAMANCA WAY, COLCHESTER, CO2 9GB - £239,000

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 SALAMANCA WAY is a very large extended detached house of 169m², built sometime from 2007 onwards. It was last sold for £239,000 in March 2014, which was around 23% below the average March 2014 detached price in the Colchester local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

4 SALAMANCA WAY Sold Prices

Land registry data shows two sales for 4 SALAMANCA 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. One of the two 4 SALAMANCA WAY sales was for below the average price, whilst the other was roughly equal to 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
2014 28 MAR	£239,000	£311,614	23% below HPI
2007 2 FEB	£295,000	£294,497	Close to HPI

4 SALAMANCA 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 4 SALAMANCA WAY sales from February 2007 and March 2014 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 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 SALAMANCA WAY?

4 SALAMANCA WAY is 169m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 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 4 SALAMANCA WAY lies on this distribution: 88% of detached houses are smaller than 4 SALAMANCA WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 SALAMANCA WAY: Plot and Title Map

4 SALAMANCA WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 4 SALAMANCA 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 4 SALAMANCA 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 4 SALAMANCA WAY?

4 SALAMANCA WAY is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 4 on SALAMANCA WAY.