1, BARR CLOSE, WIVENHOE, COLCHESTER, CO7 9RG - £370,000

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.

1 BARR CLOSE is a midsized detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £438,364. It was last sold for £370,000 in June 2017, which was around 13% below the average June 2017 detached price in the Colchester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

1 BARR CLOSE Sold Prices

Land registry data shows two sales for 1 BARR 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 BARR 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
2017 12 JUN	£370,000	£423,916	13% below HPI
1995 14 SEP	£80,000	£90,738	12% below HPI

1 BARR 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 BARR CLOSE sales from September 1995 and June 2017 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 September 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 BARR CLOSE be worth now?

1 BARR CLOSE might now be worth an estimated £438,364.

This is based on house price inflation of 18.5%, between June 2017 and February 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 18.5% inflationary increase is applied to the most recent sale price for 1 BARR CLOSE of £370,000 on 12th June 2017. For the value to have increased from £370,000 to £438,364 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 1 BARR CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2017 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BARR CLOSE has not materially changed since June 2017.

How Large is 1 BARR CLOSE?

1 BARR CLOSE is 112m² according to the EPC inspection conducted in April 2017. This puts it in the largest 50% of detached houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wivenhoe, and where 1 BARR CLOSE lies on this distribution: 59% of detached houses houses are smaller than 1 BARR CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

1 BARR CLOSE: Plot and Title Map

1 BARR CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 1 BARR 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 BARR 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 BARR CLOSE?

1 BARR CLOSE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 1 on BARR CLOSE.