15, CRANBORNE CLOSE, COLCHESTER, CO4 5UZ - £309,000

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

15 CRANBORNE CLOSE is a midsized semi-detached house of 113m², built sometime between 1996 and 2002. It was last sold for £309,000 in April 2015, which was around 11% below the average April 2015 detached price in the Colchester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

15 CRANBORNE CLOSE Sold Prices

Land registry data shows three sales for 15 CRANBORNE CLOSE since 1^st 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 15 CRANBORNE 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
2015 10 APR	£309,000	£345,478	11% below HPI
2007 5 OCT	£279,995	£305,139	8% below HPI
2002 28 MAR	£172,995	£181,389	5% below HPI

15 CRANBORNE 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 three 15 CRANBORNE CLOSE sales between March 2002 and April 2015 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 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 15 CRANBORNE CLOSE?

15 CRANBORNE CLOSE is 113m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 15 CRANBORNE CLOSE lies on this distribution: 52% of detached houses are smaller than 15 CRANBORNE CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Colchester.

15 CRANBORNE CLOSE: Plot and Title Map

15 CRANBORNE CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 15 CRANBORNE 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 15 CRANBORNE 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 15 CRANBORNE CLOSE?

15 CRANBORNE CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 15 on CRANBORNE CLOSE.