58, EGREMONT WAY, STANWAY, COLCHESTER, CO3 0NJ - £219,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

58 EGREMONT WAY is a very small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £350,563. It was last sold for £219,000 in March 2014, which was around 30% below the average March 2014 detached price in the Colchester local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

58 EGREMONT WAY Sold Prices

Land registry data shows two sales for 58 EGREMONT 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 58 EGREMONT 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
2014 21 MAR	£219,000	£312,470	30% below HPI
1995 26 MAY	£30,000	£90,483	67% below HPI

58 EGREMONT 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 58 EGREMONT WAY sales from May 1995 and March 2014 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 May 1995 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the March 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 58 EGREMONT WAY be worth now?

58 EGREMONT WAY might now be worth an estimated £350,563.

This is based on house price inflation of 60.1%, between March 2014 and October 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.1% inflationary increase is applied to the most recent sale price for 58 EGREMONT WAY of £219,000 on 21st March 2014. For the value to have increased from £219,000 to £350,563 over the ten years and five months to October 2025, the following assumptions must hold true:

• The value of 58 EGREMONT WAY has moved in line with the HPI for detached houses in the Colchester local authority area.
• The March 2014 sale price of £219,000 represented a fair market value for the property.
• The size, condition, and specification of 58 EGREMONT WAY has not materially changed since March 2014.

How Large is 58 EGREMONT WAY?

58 EGREMONT WAY is 80m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 58 EGREMONT WAY lies on this distribution: 13% of detached houses houses are smaller than 58 EGREMONT WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Colchester.

58 EGREMONT WAY: Plot and Title Map

58 EGREMONT WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 58 EGREMONT 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 58 EGREMONT 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 58 EGREMONT WAY?

58 EGREMONT WAY is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 58 on EGREMONT WAY.