4, PEACE ROAD, STANWAY, COLCHESTER, CO3 0HF - £295,000

4 PEACE ROAD is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £295,000 in January 2016, which was around 22% below the average January 2016 detached price in the Colchester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

4 PEACE ROAD Sold Prices

Land registry data shows two sales for 4 PEACE ROAD 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 4 PEACE 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
2016 21 JAN	£295,000	£377,002	22% below HPI
1995 13 OCT	£60,000	£89,152	33% below HPI

4 PEACE 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 two 4 PEACE ROAD sales from October 1995 and January 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 October 1995 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 PEACE ROAD?

4 PEACE ROAD is 91m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 4 PEACE ROAD lies on this distribution: 28% of detached houses are smaller than 4 PEACE ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 PEACE ROAD: Plot and Title Map

4 PEACE ROAD sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 4 PEACE 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 4 PEACE 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 4 PEACE ROAD?

4 PEACE ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 4 on PEACE ROAD.