3, PILBOROUGH WAY, COLCHESTER, CO3 9XW - £343,000

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 PILBOROUGH WAY is a midsized extended detached house of 105m², built sometime between 1983 and 1990. It was last sold for £343,000 in June 2021, which was around 22% below the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

3 PILBOROUGH WAY Sold Prices

Land registry data shows two sales for 3 PILBOROUGH 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 PILBOROUGH 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
2021 10 JUN	£343,000	£442,452	22% below HPI
2001 15 JAN	£129,995	£150,591	14% below HPI

3 PILBOROUGH 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 PILBOROUGH WAY sales from January 2001 and June 2021 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 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 PILBOROUGH WAY?

3 PILBOROUGH WAY is 105m², which includes one extension, according to the EPC inspection conducted in February 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 3 PILBOROUGH WAY lies on this distribution: 43% of detached houses are smaller than 3 PILBOROUGH WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 PILBOROUGH WAY: Plot and Title Map

3 PILBOROUGH WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 3 PILBOROUGH 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 PILBOROUGH 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 PILBOROUGH WAY?

3 PILBOROUGH WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 3 on PILBOROUGH WAY.