54, WHEATFIELD ROAD, STANWAY, COLCHESTER, CO3 0YJ - £480,000

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

54 WHEATFIELD ROAD is a large extended detached house of 140m², built sometime between 1983 and 1990. It was last sold for £480,000 in August 2023, which was around 4% below the average August 2023 detached price in the Colchester local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

54 WHEATFIELD ROAD Sold Prices

Land registry data shows two sales for 54 WHEATFIELD ROAD 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 54 WHEATFIELD 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
2023 18 AUG	£480,000	£501,841	4% below HPI
2001 18 DEC	£174,500	£176,343	1% below HPI

54 WHEATFIELD 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 two 54 WHEATFIELD ROAD sales from December 2001 and August 2023 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 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 54 WHEATFIELD ROAD?

54 WHEATFIELD ROAD is 140m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 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 54 WHEATFIELD ROAD lies on this distribution: 75% of detached houses are smaller than 54 WHEATFIELD ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Colchester.

54 WHEATFIELD ROAD: Plot and Title Map

54 WHEATFIELD ROAD sits on a plot of roughly 0.071 of an acre, or 285m². The below map shows the location of 54 WHEATFIELD 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 54 WHEATFIELD 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 54 WHEATFIELD ROAD?

54 WHEATFIELD ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 54 on WHEATFIELD ROAD.