HILLCREST, CHURCH LANE, STANWAY, COLCHESTER, CO3 8LP - £295,000

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

HILLCREST is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £295,000 in June 2013, which was around 2% above the average June 2013 detached price in the Colchester local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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. Both of the two HILLCREST sales were 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
2013 7 JUN	£295,000	£288,622	2% above HPI
2000 9 OCT	£155,000	£151,032	3% above HPI

HILLCREST 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 HILLCREST sales from October 2000 and June 2013 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 October 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2013 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is HILLCREST?

HILLCREST is 123m² according to the EPC inspection conducted in February 2010. This puts it in the largest 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 HILLCREST lies on this distribution: 62% of detached houses are smaller than HILLCREST, and 38% of houses are larger. Note that EPC data is not available for all properties in Colchester.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on CHURCH LANE in STANWAY, in the CO3 postcode district. The below map shows the position of HILLCREST on CHURCH LANE.