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 VALLEYVIEW CLOSE is a very large extended detached house of 346m², built sometime between 1983 and 1990. It was last sold for £615,000 in December 2018, which was around 40% above the average December 2018 detached price in the Colchester local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 1 VALLEYVIEW CLOSE since 1st 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 VALLEYVIEW 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 |
---|---|---|---|
2018 14 DEC | £615,000 | £438,989 | 40% above HPI |
2014 13 FEB | £471,500 | £306,630 | 54% above HPI |
2005 29 MAR | £395,000 | £265,289 | 49% above HPI |
1998 28 MAY | £210,000 | £108,542 | 93% above HPI |
1997 27 JUN | £185,000 | £95,840 | 93% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The five 1 VALLEYVIEW CLOSE sales between June 1997 and December 2018 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 2014 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the December 2018 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.
1 VALLEYVIEW CLOSE is 346m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 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 VALLEYVIEW CLOSE lies on this distribution: More than 99% of detached houses are smaller than 1 VALLEYVIEW CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Colchester.
1 VALLEYVIEW CLOSE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 1 VALLEYVIEW 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 VALLEYVIEW 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.
1 VALLEYVIEW CLOSE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 1 on VALLEYVIEW CLOSE.