11, GILWELL PARK CLOSE, COLCHESTER, CO3 4SP - £315,000

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

11 GILWELL PARK CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £315,000 in October 2017, which was around 27% below the average October 2017 detached price in the Colchester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

11 GILWELL PARK CLOSE Sold Prices

Land registry data shows two sales for 11 GILWELL PARK 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 11 GILWELL PARK 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
2017 20 OCT	£315,000	£433,691	27% below HPI
2004 28 JAN	£168,000	£245,575	32% below HPI

11 GILWELL PARK 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 11 GILWELL PARK CLOSE sales from January 2004 and October 2017 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 January 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 11 GILWELL PARK CLOSE?

11 GILWELL PARK CLOSE is 74m² according to the EPC inspection conducted in April 2017. 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 11 GILWELL PARK CLOSE lies on this distribution: 9% of detached houses are smaller than 11 GILWELL PARK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Colchester.

11 GILWELL PARK CLOSE: Plot and Title Map

11 GILWELL PARK CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 11 GILWELL PARK 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 GILWELL PARK 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 11 GILWELL PARK CLOSE?

11 GILWELL PARK CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 11 on GILWELL PARK CLOSE.