1, VALLEYVIEW CLOSE, HIGHWOODS, COLCHESTER, CO4 9UN - £615,000

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 VALLEYVIEW CLOSE is a very large extended detached house of 346m², built sometime between 1983 and 1990, which could now be worth an estimated £701,686. 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.

1 VALLEYVIEW CLOSE Sold Prices

Land registry data shows five sales for 1 VALLEYVIEW 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 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	£440,195	40% above HPI
2014 13 FEB	£471,500	£307,472	53% above HPI
2005 29 MAR	£395,000	£266,018	48% above HPI
1998 28 MAY	£210,000	£108,841	93% above HPI
1997 27 JUN	£185,000	£96,103	93% above HPI

1 VALLEYVIEW 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 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 53% above the HPI. So the extrapolation line tracks at 53% 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.

What might 1 VALLEYVIEW CLOSE be worth now?

1 VALLEYVIEW CLOSE might now be worth an estimated £701,686.

This is based on house price inflation of 14.1%, between December 2018 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 14.1% inflationary increase is applied to the most recent sale price for 1 VALLEYVIEW CLOSE of £615,000 on 14th December 2018. For the value to have increased from £615,000 to £701,686 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 VALLEYVIEW CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2018 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 1 VALLEYVIEW CLOSE has not materially changed since December 2018.

How Large is 1 VALLEYVIEW CLOSE?

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 houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 1 VALLEYVIEW CLOSE lies on this distribution: More than 99% of detached houses 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: Plot and Title Map

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.

Where is 1 VALLEYVIEW CLOSE?

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