55, LONDON ROAD, STANWAY, COLCHESTER, CO3 0NR - £322,500

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

55 LONDON ROAD is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £322,500 in March 2021, which was around 26% below the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

55 LONDON ROAD Sold Prices

Land registry data shows two sales for 55 LONDON 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 55 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
2021 5 MAR	£322,500	£438,624	26% below HPI
2017 27 JAN	£280,000	£408,341	31% below HPI

55 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 two 55 LONDON ROAD sales from January 2017 and March 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 January 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 55 LONDON ROAD?

55 LONDON ROAD is 106m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 55 LONDON ROAD lies on this distribution: 43% of detached houses are smaller than 55 LONDON ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Colchester.

55 LONDON ROAD: Plot and Title Map

55 LONDON ROAD sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 55 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 55 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 55 LONDON ROAD?

55 LONDON ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 55 on LONDON ROAD.