10, ROMULUS CLOSE, COLCHESTER, CO4 5LN - £168,000

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

10 ROMULUS CLOSE is a very small detached house of 57m², built sometime between 1983 and 1990. It was last sold for £168,000 in September 2012, which was around 42% below the average September 2012 detached price in the Colchester local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

10 ROMULUS CLOSE Sold Prices

Land registry data shows two sales for 10 ROMULUS 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 10 ROMULUS 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
2012 6 SEP	£168,000	£288,729	42% below HPI
2002 25 FEB	£116,000	£179,770	35% below HPI

10 ROMULUS 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 10 ROMULUS CLOSE sales from February 2002 and September 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 February 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2012 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 10 ROMULUS CLOSE?

10 ROMULUS CLOSE is 57m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 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 10 ROMULUS CLOSE lies on this distribution: 2% of detached houses are smaller than 10 ROMULUS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.

10 ROMULUS CLOSE: Plot and Title Map

10 ROMULUS CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 10 ROMULUS 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 10 ROMULUS 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 10 ROMULUS CLOSE?

10 ROMULUS CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 10 on ROMULUS CLOSE.