97, PEACE ROAD, STANWAY, COLCHESTER, CO3 0HW - £180,000

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

97 PEACE ROAD is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £180,000 in December 2008, which was around 25% below the average December 2008 detached price in the Colchester local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

97 PEACE ROAD Sold Prices

Land registry data shows three sales for 97 PEACE ROAD 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. All of the three 97 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
2008 12 DEC	£180,000	£241,012	25% below HPI
2008 31 MAR	£247,500	£303,907	19% below HPI
1997 27 MAR	£79,500	£92,966	14% below HPI

97 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 three 97 PEACE ROAD sales between March 1997 and December 2008 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 March 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2008 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 97 PEACE ROAD?

97 PEACE ROAD is 101m², which includes three extensions, according to the EPC inspection conducted in September 2019. 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 97 PEACE ROAD lies on this distribution: 38% of detached houses are smaller than 97 PEACE ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Colchester.

97 PEACE ROAD: Plot and Title Map

97 PEACE ROAD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 97 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 97 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 97 PEACE ROAD?

97 PEACE ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 97 on PEACE ROAD.