16, FOUNDATION WAY, COLCHESTER, CO2 9FY - £325,000

16 FOUNDATION WAY is a small detached house of 88m². It was last sold for £325,000 in December 2020, which was around 29% below the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was A.

16 FOUNDATION WAY Sold Prices

Land registry data shows two sales for 16 FOUNDATION WAY 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 16 FOUNDATION WAY 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
2020 11 DEC	£325,000	£456,805	29% below HPI
2015 22 MAY	£225,000	£347,968	35% below HPI

16 FOUNDATION WAY 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 16 FOUNDATION WAY sales from May 2015 and December 2020 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 May 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 16 FOUNDATION WAY?

16 FOUNDATION WAY is 88m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 16 FOUNDATION WAY lies on this distribution: 32% of detached houses are smaller than 16 FOUNDATION WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

16 FOUNDATION WAY: Plot and Title Map

16 FOUNDATION WAY sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 16 FOUNDATION WAY, 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 16 FOUNDATION WAY). 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 16 FOUNDATION WAY?

16 FOUNDATION WAY is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 16 on FOUNDATION WAY.