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
7 RED PANDA ROAD is a small detached house of 102m². It was last sold for £380,000 in March 2021, which was around 13% below the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 7 RED PANDA ROAD since 1st 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 7 RED PANDA 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 25 MAR | £380,000 | £438,624 | 13% below HPI |
2018 31 JAN | £359,995 | £432,750 | 17% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 7 RED PANDA ROAD sales from January 2018 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 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
7 RED PANDA ROAD is 102m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 7 RED PANDA ROAD lies on this distribution: 39% of detached houses are smaller than 7 RED PANDA ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Colchester.
7 RED PANDA ROAD sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 7 RED PANDA 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 7 RED PANDA 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.
7 RED PANDA ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 7 on RED PANDA ROAD.