61, LONDON ROAD, STANWAY, COLCHESTER, CO3 0PT - £262,000

61 LONDON ROAD is a small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £262,000 in February 2019, which was around 40% below the average February 2019 detached price in the Colchester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

61 LONDON ROAD Sold Prices

Land registry data shows three sales for 61 LONDON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 61 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
2019 28 FEB	£262,000	£439,479	40% below HPI
2015 13 MAY	£226,000	£347,968	35% below HPI
2006 31 MAR	£182,500	£277,662	34% below HPI

61 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 three 61 LONDON ROAD sales between March 2006 and February 2019 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 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 61 LONDON ROAD?

61 LONDON ROAD is 86m² according to the EPC inspection conducted in September 2014. 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 61 LONDON ROAD lies on this distribution: 21% of detached houses are smaller than 61 LONDON ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Colchester.

61 LONDON ROAD: Plot and Title Map

61 LONDON ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 61 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 61 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 61 LONDON ROAD?

61 LONDON ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 61 on LONDON ROAD.