38, TITUS WAY, COLCHESTER, CO4 9WJ - £430,000

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

38 TITUS WAY is a midsized detached house of 113m², built sometime between 1996 and 2002. It was last sold for £430,000 in January 2023, which was around 18% below the average January 2023 detached price in the Colchester local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

38 TITUS WAY Sold Prices

Land registry data shows three sales for 38 TITUS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 38 TITUS 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
2023 16 JAN	£430,000	£525,879	18% below HPI
2012 4 JUL	£230,000	£287,955	20% below HPI
2002 2 AUG	£179,950	£205,075	12% below HPI

38 TITUS 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 three 38 TITUS WAY sales between August 2002 and January 2023 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 July 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 38 TITUS WAY?

38 TITUS WAY is 113m² according to the EPC inspection conducted in November 2021. This puts it in the largest 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 38 TITUS WAY lies on this distribution: 52% of detached houses are smaller than 38 TITUS WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Colchester.

38 TITUS WAY: Plot and Title Map

38 TITUS WAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 38 TITUS 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 38 TITUS 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 38 TITUS WAY?

38 TITUS WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 38 on TITUS WAY.