3, ROUSE WAY, COLCHESTER, CO1 2TT - £247,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 ROUSE WAY is a large extended semi-detached house of 148m², built sometime between 2003 and 2006. It was last sold for £247,500 in February 2014, which was around 19% below the average February 2014 detached price in the Colchester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

3 ROUSE WAY Sold Prices

Land registry data shows two sales for 3 ROUSE 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 ROUSE 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
2014 14 FEB	£247,500	£306,630	19% below HPI
2006 29 JUN	£245,000	£279,204	12% below HPI

3 ROUSE 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 ROUSE WAY sales from June 2006 and February 2014 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 June 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 ROUSE WAY?

3 ROUSE WAY is 148m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 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 3 ROUSE WAY lies on this distribution: 79% of detached houses are smaller than 3 ROUSE WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 ROUSE WAY: Plot and Title Map

3 ROUSE WAY sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 3 ROUSE 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 ROUSE 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 ROUSE WAY?

3 ROUSE WAY is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 3 on ROUSE WAY.