1, CLARA REEVE CLOSE, COLCHESTER, CO3 9XD - £211,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 CLARA REEVE CLOSE is a very small extended semi-detached house of 46m², built sometime between 1996 and 2002. It was last sold for £211,000 in April 2020, which was around 51% below the average April 2020 detached price in the Colchester local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was A.

1 CLARA REEVE CLOSE Sold Prices

Land registry data shows five sales for 1 CLARA REEVE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 1 CLARA REEVE 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
2020 30 APR	£211,000	£427,871	51% below HPI
2017 28 FEB	£208,000	£415,133	50% below HPI
2002 4 JUL	£143,000	£200,250	29% below HPI
1996 21 OCT	£58,000	£90,937	36% below HPI
1995 16 NOV	£55,000	£87,937	37% below HPI

1 CLARA REEVE 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 five 1 CLARA REEVE CLOSE sales between November 1995 and April 2020 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 February 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2020 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 1 CLARA REEVE CLOSE?

1 CLARA REEVE CLOSE is 46m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% 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 CLARA REEVE CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 1 CLARA REEVE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 CLARA REEVE CLOSE: Plot and Title Map

1 CLARA REEVE CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 1 CLARA REEVE 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 CLARA REEVE 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 CLARA REEVE CLOSE?

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