1, VALENS CLOSE, COLCHESTER, CO4 9XA - £192,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 VALENS CLOSE is a midsized detached house of 105m², built sometime between 1996 and 2002. It was last sold for £192,000 in August 2010, which was around 33% below the average August 2010 detached price in the Colchester local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

1 VALENS CLOSE Sold Prices

Land registry data shows two sales for 1 VALENS 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 VALENS 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
2010 3 AUG	£192,000	£284,644	33% below HPI
2002 28 MAR	£150,750	£181,389	17% below HPI

1 VALENS 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 VALENS CLOSE sales from March 2002 and August 2010 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 March 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2010 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 VALENS CLOSE?

1 VALENS CLOSE is 105m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% 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 VALENS CLOSE lies on this distribution: 43% of detached houses are smaller than 1 VALENS CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 VALENS CLOSE: Plot and Title Map

1 VALENS CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 1 VALENS 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 VALENS 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 VALENS CLOSE?

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