3, JOVIAN WAY, COLCHESTER, CO4 9WT - £220,000

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

3 JOVIAN WAY is a large detached house of 126m², built sometime between 1996 and 2002. It was last sold for £220,000 in March 2007, which was around 25% below the average March 2007 detached price in the Colchester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

3 JOVIAN WAY Sold Prices

Land registry data shows two sales for 3 JOVIAN 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 3 JOVIAN 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
2007 28 MAR	£220,000	£292,927	25% below HPI
2002 23 AUG	£174,950	£205,075	15% below HPI

3 JOVIAN 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 3 JOVIAN WAY sales from August 2002 and March 2007 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 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2007 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 JOVIAN WAY?

3 JOVIAN WAY is 126m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 3 JOVIAN WAY lies on this distribution: 65% of detached houses are smaller than 3 JOVIAN WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 JOVIAN WAY: Plot and Title Map

3 JOVIAN WAY sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 3 JOVIAN 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 3 JOVIAN 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 3 JOVIAN WAY?

3 JOVIAN WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 3 on JOVIAN WAY.