15, PILBOROUGH WAY, COLCHESTER, CO3 9XW - £450,000

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

15 PILBOROUGH WAY is a large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £450,000 in January 2024, which was around 11% below the average January 2024 detached price in the Colchester local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was C.

15 PILBOROUGH WAY Sold Prices

Land registry data shows three sales for 15 PILBOROUGH 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 15 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 30 JAN	£450,000	£503,108	11% below HPI
2017 3 MAY	£375,000	£416,527	10% below HPI
2007 11 SEP	£235,000	£306,812	23% below HPI

15 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 three 15 PILBOROUGH WAY sales between September 2007 and January 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 May 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 15 PILBOROUGH WAY?

15 PILBOROUGH WAY is 147m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 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 15 PILBOROUGH WAY lies on this distribution: 79% of detached houses are smaller than 15 PILBOROUGH WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Colchester.

15 PILBOROUGH WAY: Plot and Title Map

15 PILBOROUGH WAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 15 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 15 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 15 PILBOROUGH WAY?

15 PILBOROUGH WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 15 on PILBOROUGH WAY.