366, LONDON ROAD, STANWAY, COLCHESTER, CO3 8LU - £315,000

366 LONDON ROAD is a very small extended detached house of 93m², built sometime before 1900. It was last sold for £315,000 in June 2020, which was around 27% below the average June 2020 detached price in the Colchester local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

366 LONDON ROAD Sold Prices

Land registry data shows six sales for 366 LONDON ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the six 366 LONDON ROAD 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 30 JUN	£315,000	£433,599	27% below HPI
2018 24 AUG	£330,000	£436,122	24% below HPI
2016 25 NOV	£285,000	£409,775	30% below HPI
2004 12 NOV	£220,000	£267,685	18% below HPI
1999 3 NOV	£116,000	£127,719	9% below HPI
1996 30 SEP	£78,500	£91,881	15% below HPI

366 LONDON ROAD 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 six 366 LONDON ROAD sales between September 1996 and June 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 366 LONDON ROAD?

366 LONDON ROAD is 93m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Copford, based on EPC data. The below chart shows the distribution of detached houses by size in Copford, and where 366 LONDON ROAD lies on this distribution: 12% of detached houses are smaller than 366 LONDON ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Copford.

366 LONDON ROAD: Plot and Title Map

366 LONDON ROAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 366 LONDON ROAD, 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 366 LONDON ROAD). 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 366 LONDON ROAD?

366 LONDON ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 366 on LONDON ROAD.