31, SCYTHE WAY, COLCHESTER, CO3 4SJ - £497,000

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

31 SCYTHE WAY is a small detached house of 98m², built sometime between 1976 and 1982. It was last sold for £497,000 in October 2022, which was around 5% below the average October 2022 detached price in the Colchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

31 SCYTHE WAY Sold Prices

Land registry data shows four sales for 31 SCYTHE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the four 31 SCYTHE 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
2022 28 OCT	£497,000	£521,058	5% below HPI
2020 17 SEP	£360,000	£434,672	17% below HPI
2006 20 JUL	£229,000	£279,139	18% below HPI
1999 29 OCT	£136,000	£125,966	8% above HPI

31 SCYTHE 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 four 31 SCYTHE WAY sales between October 1999 and October 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 September 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 31 SCYTHE WAY?

31 SCYTHE WAY is 98m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 31 SCYTHE WAY lies on this distribution: 35% of detached houses are smaller than 31 SCYTHE WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Colchester.

31 SCYTHE WAY: Plot and Title Map

31 SCYTHE WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 31 SCYTHE 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 31 SCYTHE 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 31 SCYTHE WAY?

31 SCYTHE WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 31 on SCYTHE WAY.