88, VILLA ROAD, STANWAY, COLCHESTER, CO3 0RN - £350,000

88 VILLA ROAD is a very small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £350,000 in March 2021, which was around 24% below the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

88 VILLA ROAD Sold Prices

Land registry data shows two sales for 88 VILLA 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 88 VILLA 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
2021 29 MAR	£350,000	£460,262	24% below HPI
2014 30 MAY	£210,000	£314,158	33% below HPI

88 VILLA 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 88 VILLA ROAD sales from May 2014 and March 2021 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 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 88 VILLA ROAD?

88 VILLA ROAD is 79m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 88 VILLA ROAD lies on this distribution: 13% of detached houses are smaller than 88 VILLA ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Colchester.

88 VILLA ROAD: Plot and Title Map

88 VILLA ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 88 VILLA 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 88 VILLA 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 88 VILLA ROAD?

88 VILLA ROAD is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 88 on VILLA ROAD.