39, PURVIS WAY, HIGHWOODS, COLCHESTER, CO4 9FN - £311,500

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

39 PURVIS WAY is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £311,500 in February 2018, which was around 28% below the average February 2018 detached price in the Colchester local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

39 PURVIS WAY Sold Prices

Land registry data shows three sales for 39 PURVIS 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 39 PURVIS 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
2018 26 FEB	£311,500	£435,030	28% below HPI
2007 14 MAR	£199,500	£292,927	32% below HPI
2001 14 SEP	£120,000	£172,674	31% below HPI

39 PURVIS 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 39 PURVIS WAY sales between September 2001 and February 2018 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 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 39 PURVIS WAY?

39 PURVIS WAY is 86m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 39 PURVIS WAY lies on this distribution: 21% of detached houses are smaller than 39 PURVIS WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Colchester.

39 PURVIS WAY: Plot and Title Map

39 PURVIS WAY sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 39 PURVIS 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 39 PURVIS 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 39 PURVIS WAY?

39 PURVIS WAY is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 39 on PURVIS WAY.