24, BROADLANDS WAY, COLCHESTER, CO4 0AN - £200,000

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

24 BROADLANDS WAY is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £200,000 in September 2008, which was around 27% below the average September 2008 detached price in the Colchester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

24 BROADLANDS WAY Sold Prices

Land registry data shows two sales for 24 BROADLANDS 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 24 BROADLANDS 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
2008 29 SEP	£200,000	£272,212	27% below HPI
2002 11 OCT	£138,000	£218,214	37% below HPI

24 BROADLANDS 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 24 BROADLANDS WAY sales from October 2002 and September 2008 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 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2008 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 24 BROADLANDS WAY?

24 BROADLANDS WAY is 86m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 24 BROADLANDS WAY lies on this distribution: 21% of detached houses are smaller than 24 BROADLANDS WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24 BROADLANDS WAY: Plot and Title Map

24 BROADLANDS WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 24 BROADLANDS 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 24 BROADLANDS 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 24 BROADLANDS WAY?

24 BROADLANDS WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 24 on BROADLANDS WAY.