12, CARACALLA WAY, COLCHESTER, CO4 9XZ - £293,000

12 CARACALLA WAY is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £293,000 in May 2020, which was around 32% below the average May 2020 detached price in the Colchester local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

12 CARACALLA WAY Sold Prices

Land registry data shows three sales for 12 CARACALLA 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 12 CARACALLA 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
2020 15 MAY	£293,000	£427,758	32% below HPI
2009 18 AUG	£175,000	£259,659	33% below HPI
2002 24 MAY	£136,995	£187,592	27% below HPI

12 CARACALLA 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 12 CARACALLA WAY sales between May 2002 and May 2020 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 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 12 CARACALLA WAY?

12 CARACALLA WAY is 76m² according to the EPC inspection conducted in January 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 12 CARACALLA WAY lies on this distribution: 10% of detached houses are smaller than 12 CARACALLA WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 CARACALLA WAY: Plot and Title Map

12 CARACALLA WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 12 CARACALLA 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 12 CARACALLA 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 12 CARACALLA WAY?

12 CARACALLA WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 12 on CARACALLA WAY.