2, MARLOWE WAY, COLCHESTER, CO3 4JP - £425,000

2 MARLOWE WAY is a midsized detached house of 113m², built sometime between 1967 and 1975. It was last sold for £425,000 in November 2020, which was around 7% below the average November 2020 detached price in the Colchester local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

2 MARLOWE WAY Sold Prices

Land registry data shows two sales for 2 MARLOWE 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. One of the two 2 MARLOWE WAY sales was for below the average price, whilst the other was 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
2020 25 NOV	£425,000	£454,919	7% below HPI
1998 30 NOV	£124,995	£112,369	11% above HPI

2 MARLOWE 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 2 MARLOWE WAY sales from November 1998 and November 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 November 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 MARLOWE WAY?

2 MARLOWE WAY is 113m² according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2 MARLOWE WAY lies on this distribution: 52% of detached houses are smaller than 2 MARLOWE WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 MARLOWE WAY: Plot and Title Map

2 MARLOWE WAY sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 2 MARLOWE 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 2 MARLOWE 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 2 MARLOWE WAY?

2 MARLOWE WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 2 on MARLOWE WAY.