NAIVASHA, LUCY LANE NORTH, STANWAY, COLCHESTER, CO3 0JQ - £285,000

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

NAIVASHA is a large extended semi-detached house of 125m², built sometime between 1950 and 1966. It was last sold for £285,000 in May 2016, which was around 25% below the average May 2016 detached price in the Colchester local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

NAIVASHA Sold Prices

Land registry data shows four sales for NAIVASHA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four NAIVASHA 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
2016 27 MAY	£285,000	£380,629	25% below HPI
2011 22 JUL	£226,600	£282,927	20% below HPI
2005 11 FEB	£215,000	£262,309	18% below HPI
1997 4 JUL	£66,500	£98,262	32% below HPI

NAIVASHA 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 four NAIVASHA sales between July 1997 and May 2016 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 July 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is NAIVASHA?

NAIVASHA is 125m², which includes one extension, according to the EPC inspection conducted in October 2008. 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 NAIVASHA lies on this distribution: 65% of detached houses are smaller than NAIVASHA, and 35% of houses are larger. Note that EPC data is not available for all properties in Colchester.

NAIVASHA: Plot and Title Map

NAIVASHA sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of NAIVASHA, 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 NAIVASHA). 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 NAIVASHA?

NAIVASHA is located on LUCY LANE NORTH in STANWAY, in the CO3 postcode district. The below map shows the position of NAIVASHA on LUCY LANE NORTH.