2, STONEHILL WAY, WEST MERSEA, COLCHESTER, CO5 8NQ - £385,000

2 STONEHILL WAY is a small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £385,000 in November 2018, which was around 12% below the average November 2018 detached price in the Colchester local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

2 STONEHILL WAY Sold Prices

Land registry data shows four sales for 2 STONEHILL WAY 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 2 STONEHILL 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
2018 15 NOV	£385,000	£437,007	12% below HPI
2008 23 APR	£265,000	£299,217	11% below HPI
2002 20 JUN	£156,000	£190,467	18% below HPI
1997 17 JAN	£70,000	£91,736	24% below HPI

2 STONEHILL 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 four 2 STONEHILL WAY sales between January 1997 and November 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 April 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 STONEHILL WAY?

2 STONEHILL WAY is 97m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 2 STONEHILL WAY lies on this distribution: 33% of detached houses are smaller than 2 STONEHILL WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

2 STONEHILL WAY: Plot and Title Map

2 STONEHILL WAY sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 2 STONEHILL 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 STONEHILL 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 STONEHILL WAY?

2 STONEHILL WAY is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 2 on STONEHILL WAY.