6, PEACE ROAD, STANWAY, COLCHESTER, CO3 0HF - £310,000

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

6 PEACE ROAD is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £310,000 in September 2020, which was around 29% below the average September 2020 detached price in the Colchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

6 PEACE ROAD Sold Prices

Land registry data shows two sales for 6 PEACE 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 6 PEACE 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
2020 25 SEP	£310,000	£434,672	29% below HPI
2006 19 JUN	£205,000	£279,204	27% below HPI

6 PEACE 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 6 PEACE ROAD sales from June 2006 and September 2020 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 June 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 6 PEACE ROAD?

6 PEACE ROAD is 70m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 6 PEACE ROAD lies on this distribution: 7% of detached houses are smaller than 6 PEACE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Colchester.

6 PEACE ROAD: Plot and Title Map

6 PEACE ROAD sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 6 PEACE 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 6 PEACE 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 6 PEACE ROAD?

6 PEACE ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 6 on PEACE ROAD.