MUSGRAVE, STANWAY GREEN, STANWAY, COLCHESTER, CO3 0RA - £471,000

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

MUSGRAVE is a large extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £471,000 in February 2018, which was around 8% above the average February 2018 detached price in the Colchester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

MUSGRAVE Sold Prices

Land registry data shows two sales for MUSGRAVE 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 MUSGRAVE 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
2018 7 FEB	£471,000	£435,030	8% above HPI
2001 22 FEB	£237,500	£151,676	57% above HPI

MUSGRAVE 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 MUSGRAVE sales from February 2001 and February 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 February 2001 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is MUSGRAVE?

MUSGRAVE is 146m², which includes one extension, according to the EPC inspection conducted in October 2017. 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 MUSGRAVE lies on this distribution: 78% of detached houses are smaller than MUSGRAVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Colchester.

MUSGRAVE: Plot and Title Map

MUSGRAVE sits on a plot of roughly 0.264 of an acre, or 1,067m². The below map shows the location of MUSGRAVE, 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 MUSGRAVE). 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 MUSGRAVE?

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