5, OTTER PLACE, STANWAY, COLCHESTER, CO3 8AU - £318,000

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 OTTER PLACE is a small detached house of 92m². It was last sold for £318,000 in October 2021, which was around 32% below the average October 2021 detached price in the Colchester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

5 OTTER PLACE Sold Prices

Land registry data shows two sales for 5 OTTER PLACE 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 5 OTTER PLACE 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
2021 28 OCT	£318,000	£469,018	32% below HPI
2016 21 DEC	£312,000	£410,425	24% below HPI

5 OTTER PLACE 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 5 OTTER PLACE sales from December 2016 and October 2021 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 December 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 OTTER PLACE?

5 OTTER PLACE is 92m² according to the EPC inspection conducted in October 2015. 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 5 OTTER PLACE lies on this distribution: 29% of detached houses are smaller than 5 OTTER PLACE, and 69% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 OTTER PLACE: Plot and Title Map

5 OTTER PLACE sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 5 OTTER PLACE, 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 OTTER PLACE). 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 OTTER PLACE?

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