3, THE GLADE, COLCHESTER, CO4 3JD - £535,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 THE GLADE is a very large extended detached house of 206m², built sometime between 1967 and 1975. It was last sold for £535,000 in July 2015, which was around 53% above the average July 2015 detached price in the Colchester local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

3 THE GLADE Sold Prices

Land registry data shows two sales for 3 THE GLADE 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 THE GLADE sales were for above 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
2015 31 JUL	£535,000	£349,277	53% above HPI
2013 22 MAR	£372,500	£289,443	29% above HPI

3 THE GLADE 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 THE GLADE sales from March 2013 and July 2015 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 2013 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2015 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 3 THE GLADE?

3 THE GLADE is 206m², which includes four extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 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 THE GLADE lies on this distribution: 95% of detached houses are smaller than 3 THE GLADE, and 5% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 THE GLADE: Plot and Title Map

3 THE GLADE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 3 THE GLADE, 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 THE GLADE). 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 THE GLADE?

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