4, BROAD OAKS PARK, COLCHESTER, CO4 0JX - £415,000

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

4 BROAD OAKS PARK is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £415,000 in January 2024, which was around 18% below the average January 2024 detached price in the Colchester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

4 BROAD OAKS PARK Sold Prices

Land registry data shows two sales for 4 BROAD OAKS PARK 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 4 BROAD OAKS PARK 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
2024 29 JAN	£415,000	£503,108	18% below HPI
2020 24 SEP	£290,000	£434,672	33% below HPI

4 BROAD OAKS PARK 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 4 BROAD OAKS PARK sales from September 2020 and January 2024 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 BROAD OAKS PARK?

4 BROAD OAKS PARK is 79m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 4 BROAD OAKS PARK lies on this distribution: 13% of detached houses are smaller than 4 BROAD OAKS PARK, and 87% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 BROAD OAKS PARK: Plot and Title Map

4 BROAD OAKS PARK sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 4 BROAD OAKS PARK, 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 4 BROAD OAKS PARK). 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 4 BROAD OAKS PARK?

4 BROAD OAKS PARK is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 4 on BROAD OAKS PARK.