LILACS, STANWAY GREEN, STANWAY, COLCHESTER, CO3 0RA - £475,000

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

LILACS is a very large detached house of 186m², built sometime between 1996 and 2002. It was last sold for £475,000 in January 2011, which was around 66% above the average January 2011 detached price in the Colchester local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

LILACS Sold Prices

Land registry data shows three sales for LILACS 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. Two of the three LILACS sales were for above the average price, whilst one was 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
2011 28 JAN	£475,000	£285,683	66% above HPI
1998 30 OCT	£285,000	£112,898	152% above HPI
1997 7 JUN	£72,500	£95,840	24% below HPI

LILACS 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 LILACS sales between June 1997 and January 2011 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 1998 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the January 2011 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is LILACS?

LILACS is 186m² according to the EPC inspection conducted in July 2010. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where LILACS lies on this distribution: 93% of detached houses are smaller than LILACS, and 7% of houses are larger. Note that EPC data is not available for all properties in Colchester.

LILACS: Plot and Title Map

LILACS sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of LILACS, 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 LILACS). 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 LILACS?

LILACS is located on STANWAY GREEN in STANWAY, in the CO3 postcode district. The below map shows the position of LILACS on STANWAY GREEN.