24, BROADMEAD ROAD, COLCHESTER, CO4 3HB - £380,000

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 BROADMEAD ROAD is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £380,000 in March 2018, which was around 12% below the average March 2018 detached price in the Colchester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was C.

24 BROADMEAD ROAD Sold Prices

Land registry data shows two sales for 24 BROADMEAD ROAD 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 BROADMEAD ROAD 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
2018 28 MAR	£380,000	£431,085	12% below HPI
2016 2 AUG	£260,000	£398,471	35% below HPI

24 BROADMEAD ROAD 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 BROADMEAD ROAD sales from August 2016 and March 2018 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 August 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 24 BROADMEAD ROAD?

24 BROADMEAD ROAD is 105m², which includes one extension, according to the EPC inspection conducted in September 2017. 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 24 BROADMEAD ROAD lies on this distribution: 43% of detached houses are smaller than 24 BROADMEAD ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24 BROADMEAD ROAD: Plot and Title Map

24 BROADMEAD ROAD sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 24 BROADMEAD ROAD, 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 BROADMEAD ROAD). 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 BROADMEAD ROAD?

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