3, ORCHARD PLACE, COLCHESTER, CO4 5JW - £379,000

3 ORCHARD PLACE is a very large extended detached house of 157m², built sometime before 1900. It was last sold for £379,000 in March 2021, which was around 18% below the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was D.

3 ORCHARD PLACE Sold Prices

Land registry data shows three sales for 3 ORCHARD PLACE 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 3 ORCHARD PLACE 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
2021 26 MAR	£379,000	£460,262	18% below HPI
2017 20 APR	£412,500	£418,366	1% below HPI
1999 12 MAR	£109,000	£113,900	4% below HPI

3 ORCHARD PLACE 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 3 ORCHARD PLACE sales between March 1999 and March 2021 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 April 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 ORCHARD PLACE?

3 ORCHARD PLACE is 157m², which includes three extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 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 3 ORCHARD PLACE lies on this distribution: 84% of detached houses are smaller than 3 ORCHARD PLACE, and 15% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 ORCHARD PLACE: Plot and Title Map

3 ORCHARD PLACE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 3 ORCHARD PLACE, 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 3 ORCHARD PLACE). 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 3 ORCHARD PLACE?

3 ORCHARD PLACE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 3 on ORCHARD PLACE.