1, FELLOWES CLOSE, COLCHESTER, CO4 5UY - £488,500

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 FELLOWES CLOSE is a midsized extended detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £486,126. It was last sold for £488,500 in October 2024, which was around 3% below the average October 2024 detached price in the Colchester local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

1 FELLOWES CLOSE Sold Prices

Land registry data shows two sales for 1 FELLOWES 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 FELLOWES 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
2024 18 OCT	£488,500	£504,695	3% below HPI
2013 18 OCT	£274,000	£304,833	10% below HPI

1 FELLOWES 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 FELLOWES CLOSE sales from October 2013 and October 2024 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 October 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 1 FELLOWES CLOSE be worth now?

1 FELLOWES CLOSE might now be worth an estimated £486,126.

This is based on house price deflation of 0.5%, between October 2024 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 0.5% deflationary decrease is applied to the most recent sale price for 1 FELLOWES CLOSE of £488,500 on 18th October 2024. For the value to have decreased from £488,500 to £486,126 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 1 FELLOWES CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2024 sale price of £488,500 represented a fair market value for the property.
• The size, condition, and specification of 1 FELLOWES CLOSE has not materially changed since October 2024.

How Large is 1 FELLOWES CLOSE?

1 FELLOWES CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% 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 1 FELLOWES CLOSE lies on this distribution: 48% of detached houses houses are smaller than 1 FELLOWES CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 FELLOWES CLOSE: Plot and Title Map

1 FELLOWES CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 1 FELLOWES 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 FELLOWES 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 FELLOWES CLOSE?

1 FELLOWES CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 1 on FELLOWES CLOSE.