THE HAVEN, HEATH ROAD, STANWAY, COLCHESTER, CO3 0QR - £525,000

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

THE HAVEN is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £525,000 in August 2018, which was around 20% above the average August 2018 detached price in the Colchester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was E.

THE HAVEN Sold Prices

Land registry data shows two sales for THE HAVEN 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 THE HAVEN 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 16 AUG	£525,000	£436,122	20% above HPI
2011 10 JUN	£340,000	£285,305	19% above HPI

THE HAVEN 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 THE HAVEN sales from June 2011 and August 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 June 2011 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is THE HAVEN?

THE HAVEN is 130m², which includes one extension, according to the EPC inspection conducted in March 2011. 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 THE HAVEN lies on this distribution: 68% of detached houses are smaller than THE HAVEN, and 31% of houses are larger. Note that EPC data is not available for all properties in Colchester.

THE HAVEN: Plot and Title Map

THE HAVEN sits on a plot of roughly 0.280 of an acre, or 1,131m². The below map shows the location of THE HAVEN, 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 THE HAVEN). 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 THE HAVEN?

THE HAVEN is located on HEATH ROAD in STANWAY, in the CO3 postcode district. The below map shows the position of THE HAVEN on HEATH ROAD.