43, EGREMONT WAY, STANWAY, COLCHESTER, CO3 0NJ - £295,000

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

43 EGREMONT WAY is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £295,000 in February 2019, which was around 33% below the average February 2019 detached price in the Colchester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

43 EGREMONT WAY Sold Prices

Land registry data shows two sales for 43 EGREMONT 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. Both of the two 43 EGREMONT WAY 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
2019 14 FEB	£295,000	£439,479	33% below HPI
2016 15 FEB	£295,000	£374,739	21% below HPI

43 EGREMONT 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 43 EGREMONT WAY sales from February 2016 and February 2019 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 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 43 EGREMONT WAY?

43 EGREMONT WAY is 80m² according to the EPC inspection conducted in September 2015. 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 43 EGREMONT WAY lies on this distribution: 14% of detached houses are smaller than 43 EGREMONT WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Colchester.

43 EGREMONT WAY: Plot and Title Map

43 EGREMONT WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 43 EGREMONT 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 43 EGREMONT 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 43 EGREMONT WAY?

43 EGREMONT WAY is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 43 on EGREMONT WAY.