16, SCYTHE WAY, COLCHESTER, CO3 4SJ - £440,000

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

16 SCYTHE WAY is a midsized extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £440,000 in January 2022, which was around 10% below the average January 2022 detached price in the Colchester local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

16 SCYTHE WAY Sold Prices

Land registry data shows two sales for 16 SCYTHE WAY 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 16 SCYTHE 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
2022 28 JAN	£440,000	£486,631	10% below HPI
2003 13 JAN	£215,000	£226,737	5% below HPI

16 SCYTHE 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 two 16 SCYTHE WAY sales from January 2003 and January 2022 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 January 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 16 SCYTHE WAY?

16 SCYTHE WAY is 106m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 16 SCYTHE WAY lies on this distribution: 43% of detached houses are smaller than 16 SCYTHE WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 SCYTHE WAY: Plot and Title Map

16 SCYTHE WAY sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 16 SCYTHE 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 16 SCYTHE 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 16 SCYTHE WAY?

16 SCYTHE WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 16 on SCYTHE WAY.