20, GRYMES DYKE WAY, STANWAY, COLCHESTER, CO3 0QT - £318,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 GRYMES DYKE WAY is a very small extended semi-detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £374,143. It was last sold for £318,000 in July 2020, which was around 14% above the average July 2020 semi-detached price in the Colchester local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

20 GRYMES DYKE WAY Sold Prices

Land registry data shows two sales for 20 GRYMES DYKE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. One of the two 20 GRYMES DYKE WAY sales was for above the average price, whilst the other was 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 28 JUL	£318,000	£278,682	14% above HPI
2018 24 AUG	£260,000	£281,589	8% below HPI

20 GRYMES DYKE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 20 GRYMES DYKE WAY sales from August 2018 and July 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 August 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 20 GRYMES DYKE WAY be worth now?

20 GRYMES DYKE WAY might now be worth an estimated £374,143.

This is based on house price inflation of 17.7%, between July 2020 and July 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.7% inflationary increase is applied to the most recent sale price for 20 GRYMES DYKE WAY of £318,000 on 28th July 2020. For the value to have increased from £318,000 to £374,143 over the five years to July 2025, the following assumptions must hold true:

• The value of 20 GRYMES DYKE WAY has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The July 2020 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 20 GRYMES DYKE WAY has not materially changed since July 2020.

How Large is 20 GRYMES DYKE WAY?

20 GRYMES DYKE WAY is 81m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 20 GRYMES DYKE WAY lies on this distribution: 15% of semi-detached houses houses are smaller than 20 GRYMES DYKE WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Colchester.

20 GRYMES DYKE WAY: Plot and Title Map

20 GRYMES DYKE WAY sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 20 GRYMES DYKE 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 20 GRYMES DYKE 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 20 GRYMES DYKE WAY?

20 GRYMES DYKE WAY is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 20 on GRYMES DYKE WAY.