3, PROVIDENCE PLACE, COLCHESTER, CO1 2LN - £132,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 PROVIDENCE PLACE is a very small extended semi-detached house of 52m², built sometime between 1900 and 1929, which could now be worth an estimated £234,774. It was last sold for £132,995 in September 2006, which was around 29% below the average September 2006 semi-detached price in the Colchester local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was B.

3 PROVIDENCE PLACE Sold Prices

Land registry data shows three sales for 3 PROVIDENCE PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the three 3 PROVIDENCE 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
2006 15 SEP	£132,995	£187,639	29% below HPI
2002 3 JUL	£84,500	£122,636	31% below HPI
2002 20 FEB	£46,000	£109,382	58% below HPI

3 PROVIDENCE PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The three 3 PROVIDENCE PLACE sales between February 2002 and September 2006 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 July 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2006 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 PROVIDENCE PLACE be worth now?

3 PROVIDENCE PLACE might now be worth an estimated £234,774.

This is based on house price inflation of 76.5%, between September 2006 and February 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.5% inflationary increase is applied to the most recent sale price for 3 PROVIDENCE PLACE of £132,995 on 15th September 2006. For the value to have increased from £132,995 to £234,774 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 PROVIDENCE PLACE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The September 2006 sale price of £132,995 represented a fair market value for the property.
• The size, condition, and specification of 3 PROVIDENCE PLACE has not materially changed since September 2006.

How Large is 3 PROVIDENCE PLACE?

3 PROVIDENCE PLACE is 52m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 3 PROVIDENCE PLACE lies on this distribution: 1% of semi-detached houses houses are smaller than 3 PROVIDENCE PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 PROVIDENCE PLACE: Plot and Title Map

3 PROVIDENCE PLACE sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 3 PROVIDENCE 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 PROVIDENCE 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 PROVIDENCE PLACE?

3 PROVIDENCE PLACE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 3 on PROVIDENCE PLACE.