64, MAGAZINE FARM WAY, COLCHESTER, CO3 4EN - £470,000

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

64 MAGAZINE FARM WAY is a midsized detached house of 109m², built sometime between 1976 and 1982. It was last sold for £470,000 in December 2020, which was around 3% above the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

64 MAGAZINE FARM WAY Sold Prices

Land registry data shows three sales for 64 MAGAZINE FARM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Two of the three 64 MAGAZINE FARM WAY sales were for above the average price, whilst one was 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 10 DEC	£470,000	£456,805	3% above HPI
2016 31 AUG	£345,000	£398,471	13% below HPI
1995 20 OCT	£95,000	£89,152	7% above HPI

64 MAGAZINE FARM WAY 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 three 64 MAGAZINE FARM WAY sales between October 1995 and December 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 August 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 64 MAGAZINE FARM WAY?

64 MAGAZINE FARM WAY is 109m² according to the EPC inspection conducted in March 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 64 MAGAZINE FARM WAY lies on this distribution: 47% of detached houses are smaller than 64 MAGAZINE FARM WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Colchester.

64 MAGAZINE FARM WAY: Plot and Title Map

64 MAGAZINE FARM WAY sits on a plot of roughly 0.121 of an acre, or 492m². The below map shows the location of 64 MAGAZINE FARM WAY, 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 64 MAGAZINE FARM WAY). 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 64 MAGAZINE FARM WAY?

64 MAGAZINE FARM WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 64 on MAGAZINE FARM WAY.