12, JOVIAN WAY, COLCHESTER, CO4 9WT - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 JOVIAN WAY is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £295,000 in September 2019, which was around 33% below the average September 2019 detached price in the Colchester local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

12 JOVIAN WAY Sold Prices

Land registry data shows three sales for 12 JOVIAN WAY 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 12 JOVIAN 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
2019 13 SEP	£295,000	£442,036	33% below HPI
2007 20 APR	£220,000	£292,392	25% below HPI
2002 22 NOV	£189,950	£223,504	15% below HPI

12 JOVIAN 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 three 12 JOVIAN WAY sales between November 2002 and September 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 April 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 12 JOVIAN WAY?

12 JOVIAN WAY is 112m² according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 12 JOVIAN WAY lies on this distribution: 50% of detached houses are smaller than 12 JOVIAN WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 JOVIAN WAY: Plot and Title Map

12 JOVIAN WAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 12 JOVIAN 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 12 JOVIAN 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 12 JOVIAN WAY?

12 JOVIAN WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 12 on JOVIAN WAY.