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
97 TITUS WAY is a small extended detached house of 99m², built sometime between 1991 and 1995. It was last sold for £395,000 in September 2022, which was around 23% below the average September 2022 detached price in the Colchester local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 97 TITUS WAY since 1st 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 97 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 |
---|---|---|---|
2022 30 SEP | £395,000 | £512,793 | 23% below HPI |
2011 31 MAR | £195,000 | £283,536 | 31% below HPI |
1998 4 SEP | £72,000 | £112,483 | 36% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 97 TITUS WAY sales between September 1998 and September 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 March 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
97 TITUS WAY is 99m², which includes two extensions, according to the EPC inspection conducted in June 2021. 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 97 TITUS WAY lies on this distribution: 36% of detached houses are smaller than 97 TITUS WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Colchester.
97 TITUS WAY sits on a plot of roughly 0.046 of an acre, or 184m². The below map shows the location of 97 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 97 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.
97 TITUS WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 97 on TITUS WAY.