41, LONDON ROAD, STANWAY, COLCHESTER, CO3 0NR - £310,500

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

41 LONDON ROAD is a small extended detached house of 91m², built sometime before 1900. It was last sold for £310,500 in September 2017, which was around 28% below the average September 2017 detached price in the Colchester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was G, and the potential energy rating was F.

41 LONDON ROAD Sold Prices

Land registry data shows three sales for 41 LONDON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 41 LONDON 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
2017 1 SEP	£310,500	£429,380	28% below HPI
2016 24 MAR	£225,000	£373,797	40% below HPI
2015 12 JUN	£180,000	£346,020	48% below HPI

41 LONDON 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 three 41 LONDON ROAD sales between June 2015 and September 2017 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 March 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 41 LONDON ROAD?

41 LONDON ROAD is 91m², which includes one extension, according to the EPC inspection conducted in June 2012. 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 41 LONDON ROAD lies on this distribution: 28% of detached houses are smaller than 41 LONDON ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Colchester.

41 LONDON ROAD: Plot and Title Map

41 LONDON ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 41 LONDON 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 41 LONDON 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 41 LONDON ROAD?

41 LONDON ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 41 on LONDON ROAD.