5, MAGPIE CHASE, STANWAY, COLCHESTER, CO3 8WB - £430,000

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

5 MAGPIE CHASE is a small detached house of 102m². It was last sold for £430,000 in October 2022, which was around 17% below the average October 2022 detached price in the Colchester local authority area. The most recent EPC inspection was May 2013, where the current energy rating was B, and the potential energy rating was B.

5 MAGPIE CHASE Sold Prices

Land registry data shows four sales for 5 MAGPIE CHASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 5 MAGPIE CHASE 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
2022 7 OCT	£430,000	£521,058	17% below HPI
2018 28 FEB	£317,500	£435,030	27% below HPI
2017 19 OCT	£333,500	£433,691	23% below HPI
2013 21 JUN	£260,000	£288,622	10% below HPI

5 MAGPIE CHASE 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 four 5 MAGPIE CHASE sales between June 2013 and October 2022 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 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 MAGPIE CHASE?

5 MAGPIE CHASE is 102m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 5 MAGPIE CHASE lies on this distribution: 39% of detached houses are smaller than 5 MAGPIE CHASE, and 59% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 MAGPIE CHASE: Plot and Title Map

5 MAGPIE CHASE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 5 MAGPIE CHASE, 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 5 MAGPIE CHASE). 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 5 MAGPIE CHASE?

5 MAGPIE CHASE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 5 on MAGPIE CHASE.