23, GRYMES DYKE WAY, STANWAY, COLCHESTER, CO3 0QT - £320,000

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.

23 GRYMES DYKE WAY is a very small semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £320,730. It was last sold for £320,000 in June 2022, which was around 2% below the average June 2022 semi-detached price in the Colchester local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

23 GRYMES DYKE WAY Sold Prices

Land registry data shows two sales for 23 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. Both of the two 23 GRYMES DYKE 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
2022 17 JUN	£320,000	£327,137	2% below HPI
2010 27 AUG	£172,000	£184,248	7% below HPI

23 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 23 GRYMES DYKE WAY sales from August 2010 and June 2022 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 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 23 GRYMES DYKE WAY be worth now?

23 GRYMES DYKE WAY might now be worth an estimated £320,730.

This is based on house price inflation of 0.2%, between June 2022 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 0.2% inflationary increase is applied to the most recent sale price for 23 GRYMES DYKE WAY of £320,000 on 17th June 2022. For the value to have increased from £320,000 to £320,730 over the two years and eleven months to July 2025, the following assumptions must hold true:

• The value of 23 GRYMES DYKE WAY has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The June 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 23 GRYMES DYKE WAY has not materially changed since June 2022.

How Large is 23 GRYMES DYKE WAY?

23 GRYMES DYKE WAY is 76m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% 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 23 GRYMES DYKE WAY lies on this distribution: 10% of semi-detached houses houses are smaller than 23 GRYMES DYKE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 GRYMES DYKE WAY: Plot and Title Map

23 GRYMES DYKE WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 23 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 23 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 23 GRYMES DYKE WAY?

23 GRYMES DYKE WAY is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 23 on GRYMES DYKE WAY.