PAITA, BOXTED ROAD, MILE END, COLCHESTER, CO4 5HF - £560,000

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

PAITA is a large detached house of 129m², built sometime between 1967 and 1975. It was last sold for £560,000 in June 2022, which was around 11% above the average June 2022 detached price in the Colchester local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

PAITA Sold Prices

Land registry data shows three sales for PAITA 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 PAITA sales were for above 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 13 JUN	£560,000	£504,008	11% above HPI
2011 25 AUG	£345,000	£285,675	21% above HPI
2006 20 JAN	£285,000	£274,085	4% above HPI

PAITA 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 PAITA sales between January 2006 and June 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 August 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is PAITA?

PAITA is 129m² according to the EPC inspection conducted in February 2022. This puts it in the largest 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 PAITA lies on this distribution: 67% of detached houses are smaller than PAITA, and 32% of houses are larger. Note that EPC data is not available for all properties in Colchester.

PAITA: Plot and Title Map

PAITA sits on a plot of roughly 0.146 of an acre, or 593m². The below map shows the location of PAITA, 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 PAITA). 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 PAITA?

PAITA is located on BOXTED ROAD in MILE END, in the CO4 postcode district. The below map shows the position of PAITA on BOXTED ROAD.