12, LENZ CLOSE, COLCHESTER, CO1 2FP - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 LENZ CLOSE is a very small semi-detached house of 65m², built sometime between 2007 and 2011, which could now be worth an estimated £239,385. It was last sold for £230,000 in February 2024, which was around 28% below the average February 2024 semi-detached price in the Colchester local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

12 LENZ CLOSE Sold Prices

Land registry data shows two sales for 12 LENZ CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 12 LENZ 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
2024 2 FEB	£230,000	£318,250	28% below HPI
2011 28 JAN	£167,495	£183,192	9% below HPI

12 LENZ CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 12 LENZ CLOSE sales from January 2011 and February 2024 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 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 12 LENZ CLOSE be worth now?

12 LENZ CLOSE might now be worth an estimated £239,385.

This is based on house price inflation of 4.1%, between February 2024 and February 2025, for semi-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 4.1% inflationary increase is applied to the most recent sale price for 12 LENZ CLOSE of £230,000 on 2nd February 2024. For the value to have increased from £230,000 to £239,385 over the one year to February 2025, the following assumptions must hold true:

• The value of 12 LENZ CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The February 2024 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LENZ CLOSE has not materially changed since February 2024.

How Large is 12 LENZ CLOSE?

12 LENZ CLOSE is 65m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 12 LENZ CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 12 LENZ CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 LENZ CLOSE: Plot and Title Map

12 LENZ CLOSE sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 12 LENZ 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 12 LENZ 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 12 LENZ CLOSE?

12 LENZ CLOSE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 12 on LENZ CLOSE.