3, PANACHE ROAD, COLCHESTER, CO4 6DS - £355,000

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 PANACHE ROAD is a very small detached house of 76m². It was last sold for £355,000 in March 2022, which was around 27% below the average March 2022 detached price in the Colchester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was A.

3 PANACHE ROAD Sold Prices

Land registry data shows two sales for 3 PANACHE 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 3 PANACHE 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
2022 31 MAR	£355,000	£488,658	27% below HPI
2019 28 MAR	£305,000	£433,555	30% below HPI

3 PANACHE 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 3 PANACHE ROAD sales from March 2019 and March 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 March 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 PANACHE ROAD?

3 PANACHE ROAD is 76m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% 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 PANACHE ROAD lies on this distribution: 10% of detached houses are smaller than 3 PANACHE ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 PANACHE ROAD: Plot and Title Map

3 PANACHE ROAD sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 3 PANACHE 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 3 PANACHE 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 3 PANACHE ROAD?

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