12, PILBOROUGH WAY, COLCHESTER, CO3 9XW - £480,000

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 PILBOROUGH WAY is a midsized extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £480,000 in July 2024, which was around 6% below the average July 2024 detached price in the Colchester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

12 PILBOROUGH WAY Sold Prices

Land registry data shows four sales for 12 PILBOROUGH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 12 PILBOROUGH 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
2024 12 JUL	£480,000	£508,850	6% below HPI
2017 23 OCT	£375,000	£433,691	14% below HPI
2014 23 OCT	£310,000	£333,306	7% below HPI
1998 2 APR	£94,000	£107,269	12% below HPI

12 PILBOROUGH 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 four 12 PILBOROUGH WAY sales between April 1998 and July 2024 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 October 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 PILBOROUGH WAY?

12 PILBOROUGH WAY is 120m², which includes three extensions, according to the EPC inspection conducted in May 2014. 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 PILBOROUGH WAY lies on this distribution: 59% of detached houses are smaller than 12 PILBOROUGH WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 PILBOROUGH WAY: Plot and Title Map

12 PILBOROUGH WAY sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 12 PILBOROUGH 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 PILBOROUGH 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 PILBOROUGH WAY?

12 PILBOROUGH WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 12 on PILBOROUGH WAY.