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
11 CHILTERN CLOSE is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £361,000 in November 2022, which was around 31% below the average November 2022 detached price in the Colchester local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 11 CHILTERN CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the six 11 CHILTERN 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 |
---|---|---|---|
2022 4 NOV | £361,000 | £525,018 | 31% below HPI |
2012 6 JUL | £195,000 | £287,955 | 32% below HPI |
2002 18 JUN | £135,000 | £190,467 | 29% below HPI |
2001 27 APR | £115,000 | £155,193 | 26% below HPI |
1998 20 FEB | £68,500 | £103,877 | 34% below HPI |
1997 5 SEP | £60,000 | £100,032 | 40% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The six 11 CHILTERN CLOSE sales between September 1997 and November 2022 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 July 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
11 CHILTERN CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 11 CHILTERN CLOSE lies on this distribution: 13% of detached houses are smaller than 11 CHILTERN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Colchester.
11 CHILTERN CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 11 CHILTERN 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 11 CHILTERN 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.
11 CHILTERN CLOSE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 11 on CHILTERN CLOSE.