Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
12 MILTON CLOSE is a very large detached house of 159m², built sometime between 1976 and 1982. It was last sold for £330,000 in September 2009, which was around 24% above the average September 2009 detached price in the Colchester local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 12 MILTON CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 12 MILTON 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 |
---|---|---|---|
2009 16 SEP | £330,000 | £266,341 | 24% above HPI |
2000 13 DEC | £185,000 | £152,284 | 21% above HPI |
1995 21 DEC | £94,000 | £87,387 | 8% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 12 MILTON CLOSE sales between December 1995 and September 2009 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 December 2000 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2009 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.
12 MILTON CLOSE is 159m² according to the EPC inspection conducted in December 2020. This puts it in the largest 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 12 MILTON CLOSE lies on this distribution: 85% of detached houses are smaller than 12 MILTON CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Colchester.
12 MILTON CLOSE sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of 12 MILTON 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 MILTON 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.
12 MILTON CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 12 on MILTON CLOSE.