41, ST MONANCE WAY, COLCHESTER, CO4 0PJ - £315,000

41 ST MONANCE WAY is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £315,000 in September 2023, which was around 41% below the average September 2023 detached price in the Colchester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

41 ST MONANCE WAY Sold Prices

Land registry data shows two sales for 41 ST MONANCE 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 41 ST MONANCE 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
2023 15 SEP	£315,000	£534,901	41% below HPI
1997 30 SEP	£60,000	£100,032	40% below HPI

41 ST MONANCE 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 41 ST MONANCE WAY sales from September 1997 and September 2023 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 September 1997 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 41 ST MONANCE WAY?

41 ST MONANCE WAY is 73m² according to the EPC inspection conducted in October 2020. 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 41 ST MONANCE WAY lies on this distribution: 8% of detached houses are smaller than 41 ST MONANCE WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Colchester.

41 ST MONANCE WAY: Plot and Title Map

41 ST MONANCE WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 41 ST MONANCE 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 41 ST MONANCE 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 41 ST MONANCE WAY?

41 ST MONANCE WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 41 on ST MONANCE WAY.