8, HEDGEROWS, STANWAY, COLCHESTER, CO3 0GJ - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 HEDGEROWS is a small extended detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £398,562. It was last sold for £345,000 in March 2019, which was around 21% below the average March 2019 detached price in the Colchester local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

8 HEDGEROWS Sold Prices

Land registry data shows two sales for 8 HEDGEROWS 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. One of the two 8 HEDGEROWS sales was for below the average price, whilst the other was for above 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
2019 22 MAR	£345,000	£434,747	21% below HPI
2000 15 DEC	£159,995	£152,703	5% above HPI

8 HEDGEROWS 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 8 HEDGEROWS sales from December 2000 and March 2019 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 2000 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 8 HEDGEROWS be worth now?

8 HEDGEROWS might now be worth an estimated £398,562.

This is based on house price inflation of 15.5%, between March 2019 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for 8 HEDGEROWS of £345,000 on 22nd March 2019. For the value to have increased from £345,000 to £398,562 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 8 HEDGEROWS has moved in line with the HPI for detached houses in the Colchester local authority area.
• The March 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HEDGEROWS has not materially changed since March 2019.

How Large is 8 HEDGEROWS?

8 HEDGEROWS is 101m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 8 HEDGEROWS lies on this distribution: 38% of detached houses houses are smaller than 8 HEDGEROWS, and 61% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 HEDGEROWS: Plot and Title Map

8 HEDGEROWS sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 8 HEDGEROWS, 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 8 HEDGEROWS). 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 8 HEDGEROWS?

8 HEDGEROWS is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 8 on HEDGEROWS.