62, BROADLANDS WAY, COLCHESTER, CO4 0AS - £316,000

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.

62 BROADLANDS WAY is a very small extended semi-detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £314,987. It was last sold for £316,000 in August 2022, which was around 5% below the average August 2022 semi-detached price in the Colchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

62 BROADLANDS WAY Sold Prices

Land registry data shows two sales for 62 BROADLANDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 62 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
2022 12 AUG	£316,000	£332,965	5% below HPI
1995 14 NOV	£48,000	£55,123	13% below HPI

62 BROADLANDS WAY 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 two 62 BROADLANDS WAY sales from November 1995 and August 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 November 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 62 BROADLANDS WAY be worth now?

62 BROADLANDS WAY might now be worth an estimated £314,987.

This is based on house price deflation of 0.3%, between August 2022 and October 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 0.3% deflationary decrease is applied to the most recent sale price for 62 BROADLANDS WAY of £316,000 on 12th August 2022. For the value to have decreased from £316,000 to £314,987 over the two years and ten months to October 2025, the following assumptions must hold true:

• The value of 62 BROADLANDS WAY has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The August 2022 sale price of £316,000 represented a fair market value for the property.
• The size, condition, and specification of 62 BROADLANDS WAY has not materially changed since August 2022.

How Large is 62 BROADLANDS WAY?

62 BROADLANDS WAY is 84m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% 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 62 BROADLANDS WAY lies on this distribution: 18% of semi-detached houses houses are smaller than 62 BROADLANDS WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Colchester.

62 BROADLANDS WAY: Plot and Title Map

62 BROADLANDS WAY sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 62 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 62 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 62 BROADLANDS WAY?

62 BROADLANDS WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 62 on BROADLANDS WAY.