24A, PEARMAIN WAY, STANWAY, COLCHESTER, CO3 0NP - £212,500

24A PEARMAIN WAY is a very small detached house of 62m², built sometime between 2003 and 2006. It was last sold for £212,500 in September 2016, which was around 48% below the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

24A PEARMAIN WAY Sold Prices

Land registry data shows two sales for 24A PEARMAIN 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 24A PEARMAIN 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
2016 14 SEP	£212,500	£405,861	48% below HPI
2005 28 JAN	£250,000	£263,758	5% below HPI

24A PEARMAIN 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 24A PEARMAIN WAY sales from January 2005 and September 2016 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 January 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2016 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 24A PEARMAIN WAY?

24A PEARMAIN WAY is 62m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 24A PEARMAIN WAY lies on this distribution: 4% of detached houses are smaller than 24A PEARMAIN WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24A PEARMAIN WAY: Plot and Title Map

24A PEARMAIN WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 24A PEARMAIN 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 24A PEARMAIN 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 24A PEARMAIN WAY?

24A PEARMAIN WAY is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 24A on PEARMAIN WAY.