1, BALE CLOSE, COLCHESTER, CO3 9XP - £204,000

1 BALE CLOSE is a small extended detached house of 100m², built sometime before 1900. It was last sold for £204,000 in February 2008, which was around 34% below the average February 2008 detached price in the Colchester local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

1 BALE CLOSE Sold Prices

Land registry data shows two sales for 1 BALE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 1 BALE CLOSE 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
2008 8 FEB	£204,000	£308,097	34% below HPI
1998 8 APR	£84,750	£107,269	21% below HPI

1 BALE CLOSE 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 two 1 BALE CLOSE sales from April 1998 and February 2008 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 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2008 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 BALE CLOSE?

1 BALE CLOSE is 100m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 1 BALE CLOSE lies on this distribution: 37% of detached houses are smaller than 1 BALE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 BALE CLOSE: Plot and Title Map

1 BALE CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 1 BALE CLOSE, 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 1 BALE CLOSE). 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 1 BALE CLOSE?

1 BALE CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 1 on BALE CLOSE.