9, MAGPIE CHASE, STANWAY, COLCHESTER, CO3 8WB - £370,000

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

9 MAGPIE CHASE is a large detached house of 135m². It was last sold for £370,000 in April 2018, which was around 15% below the average April 2018 detached price in the Colchester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

9 MAGPIE CHASE Sold Prices

Land registry data shows two sales for 9 MAGPIE CHASE 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 9 MAGPIE CHASE sales was for below the average price, whilst the other was roughly equal to 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
2018 25 APR	£370,000	£434,151	15% below HPI
2013 26 JUN	£290,000	£288,622	Close to HPI

9 MAGPIE CHASE 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 9 MAGPIE CHASE sales from June 2013 and April 2018 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 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 9 MAGPIE CHASE?

9 MAGPIE CHASE is 135m² according to the EPC inspection conducted in June 2013. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 9 MAGPIE CHASE lies on this distribution: 71% of detached houses are smaller than 9 MAGPIE CHASE, and 28% of houses are larger. Note that EPC data is not available for all properties in Colchester.

9 MAGPIE CHASE: Plot and Title Map

9 MAGPIE CHASE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 9 MAGPIE CHASE, 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 9 MAGPIE CHASE). 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 9 MAGPIE CHASE?

9 MAGPIE CHASE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 9 on MAGPIE CHASE.