1, SORREL CLOSE, COLCHESTER, CO4 5UL - £367,500

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 SORREL CLOSE is a very large detached house of 154m², built sometime between 1983 and 1990, which could now be worth an estimated £635,231. It was last sold for £367,500 in August 2012, which was around 26% above the average August 2012 detached price in the Colchester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

1 SORREL CLOSE Sold Prices

Land registry data shows four sales for 1 SORREL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 1 SORREL CLOSE sales were for above 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
2012 8 AUG	£367,500	£290,562	26% above HPI
2007 20 SEP	£345,000	£307,655	12% above HPI
2005 28 JAN	£285,000	£264,483	8% above HPI
1997 19 DEC	£139,000	£100,986	38% above HPI

1 SORREL 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 four 1 SORREL CLOSE sales between December 1997 and August 2012 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 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2012 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 1 SORREL CLOSE be worth now?

1 SORREL CLOSE might now be worth an estimated £635,231.

This is based on house price inflation of 72.9%, between August 2012 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 72.9% inflationary increase is applied to the most recent sale price for 1 SORREL CLOSE of £367,500 on 8th August 2012. For the value to have increased from £367,500 to £635,231 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 1 SORREL CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2012 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SORREL CLOSE has not materially changed since August 2012.

How Large is 1 SORREL CLOSE?

1 SORREL CLOSE is 154m² according to the EPC inspection conducted in May 2012. This puts it in the largest 20% 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 SORREL CLOSE lies on this distribution: 82% of detached houses houses are smaller than 1 SORREL CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 SORREL CLOSE: Plot and Title Map

1 SORREL CLOSE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 1 SORREL 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 SORREL 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 SORREL CLOSE?

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