32, BROADLANDS WAY, COLCHESTER, CO4 0AN - £272,000

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.

32 BROADLANDS WAY is a small detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £308,359. It was last sold for £272,000 in October 2018, which was around 38% below the average October 2018 detached price in the Colchester local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

32 BROADLANDS WAY Sold Prices

Land registry data shows four sales for 32 BROADLANDS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 32 BROADLANDS 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
2018 18 OCT	£272,000	£441,206	38% below HPI
2013 9 DEC	£213,500	£303,314	30% below HPI
2009 26 JUN	£185,000	£241,371	23% below HPI
2002 21 JUN	£133,500	£190,990	30% below HPI

32 BROADLANDS 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 four 32 BROADLANDS WAY sales between June 2002 and October 2018 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 December 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 32 BROADLANDS WAY be worth now?

32 BROADLANDS WAY might now be worth an estimated £308,359.

This is based on house price inflation of 13.4%, between October 2018 and October 2025, for 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 13.4% inflationary increase is applied to the most recent sale price for 32 BROADLANDS WAY of £272,000 on 18th October 2018. For the value to have increased from £272,000 to £308,359 over the seven years to October 2025, the following assumptions must hold true:

• The value of 32 BROADLANDS WAY has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2018 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 32 BROADLANDS WAY has not materially changed since October 2018.

How Large is 32 BROADLANDS WAY?

32 BROADLANDS WAY is 98m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 32 BROADLANDS WAY lies on this distribution: 35% of detached houses houses are smaller than 32 BROADLANDS WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Colchester.

32 BROADLANDS WAY: Plot and Title Map

32 BROADLANDS WAY sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 32 BROADLANDS 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 32 BROADLANDS 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 32 BROADLANDS WAY?

32 BROADLANDS WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 32 on BROADLANDS WAY.