1, BROAD OAKS PARK, COLCHESTER, CO4 0JX - £267,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BROAD OAKS PARK is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £267,500 in August 2019, which was around 39% below the average August 2019 detached price in the Colchester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

1 BROAD OAKS PARK Sold Prices

Land registry data shows two sales for 1 BROAD OAKS PARK 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 1 BROAD OAKS PARK 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 30 AUG	£267,500	£440,286	39% below HPI
2006 15 MAR	£192,500	£277,662	31% below HPI

1 BROAD OAKS PARK 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 1 BROAD OAKS PARK sales from March 2006 and August 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 March 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 BROAD OAKS PARK?

1 BROAD OAKS PARK is 78m² according to the EPC inspection conducted in July 2018. 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 1 BROAD OAKS PARK lies on this distribution: 11% of detached houses are smaller than 1 BROAD OAKS PARK, and 88% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 BROAD OAKS PARK: Plot and Title Map

1 BROAD OAKS PARK sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 1 BROAD OAKS PARK, 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 1 BROAD OAKS PARK). 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 1 BROAD OAKS PARK?

1 BROAD OAKS PARK is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 1 on BROAD OAKS PARK.