12, ROPER CLOSE, COLCHESTER, CO4 5ZH - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 ROPER CLOSE is a midsized detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £342,021. It was last sold for £295,000 in June 2019, which was around 32% below the average June 2019 detached price in the Colchester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

12 ROPER CLOSE Sold Prices

Land registry data shows four sales for 12 ROPER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 12 ROPER 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
2019 7 JUN	£295,000	£433,194	32% below HPI
2015 27 OCT	£275,000	£365,659	25% below HPI
2012 5 JUL	£230,000	£288,746	20% below HPI
2007 30 MAR	£230,000	£293,732	22% below HPI

12 ROPER 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 four 12 ROPER CLOSE sales between March 2007 and June 2019 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 October 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 ROPER CLOSE be worth now?

12 ROPER CLOSE might now be worth an estimated £342,021.

This is based on house price inflation of 15.9%, between June 2019 and February 2025, for 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 15.9% inflationary increase is applied to the most recent sale price for 12 ROPER CLOSE of £295,000 on 7th June 2019. For the value to have increased from £295,000 to £342,021 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 12 ROPER CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ROPER CLOSE has not materially changed since June 2019.

How Large is 12 ROPER CLOSE?

12 ROPER CLOSE is 112m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 12 ROPER CLOSE lies on this distribution: 51% of detached houses houses are smaller than 12 ROPER CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 ROPER CLOSE: Plot and Title Map

12 ROPER CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 12 ROPER 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 ROPER 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 ROPER CLOSE?

12 ROPER CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 12 on ROPER CLOSE.