25, MARIO WAY, COLCHESTER, CO2 7QN - £290,000

25 MARIO WAY is a very small detached house of 85m², built sometime from 2007 onwards. It was last sold for £290,000 in December 2020, which was around 37% below the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

25 MARIO WAY Sold Prices

Land registry data shows two sales for 25 MARIO 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 25 MARIO 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
2020 4 DEC	£290,000	£456,805	37% below HPI
2016 15 JAN	£230,000	£377,002	39% below HPI

25 MARIO 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 25 MARIO WAY sales from January 2016 and December 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 January 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 25 MARIO WAY?

25 MARIO WAY is 85m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 25 MARIO WAY lies on this distribution: 20% of detached houses are smaller than 25 MARIO WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Colchester.

25 MARIO WAY: Plot and Title Map

25 MARIO WAY sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 25 MARIO 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 25 MARIO 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 25 MARIO WAY?

25 MARIO WAY is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 25 on MARIO WAY.