16, CRANBORNE CLOSE, COLCHESTER, CO4 5UZ - £370,000

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

16 CRANBORNE CLOSE is a midsized extended detached house of 110m², built sometime between 2003 and 2006. It was last sold for £370,000 in December 2020, which was around 19% below the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

16 CRANBORNE CLOSE Sold Prices

Land registry data shows five sales for 16 CRANBORNE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 16 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
2020 2 DEC	£370,000	£456,805	19% below HPI
2009 28 AUG	£225,000	£259,659	13% below HPI
2005 25 NOV	£240,000	£268,424	11% below HPI
2004 14 MAY	£235,000	£255,311	8% below HPI
2001 19 DEC	£169,095	£176,343	4% below HPI

16 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 five 16 CRANBORNE CLOSE sales between December 2001 and December 2020 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 August 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 16 CRANBORNE CLOSE?

16 CRANBORNE CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 16 CRANBORNE CLOSE lies on this distribution: 48% of detached houses are smaller than 16 CRANBORNE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 CRANBORNE CLOSE: Plot and Title Map

16 CRANBORNE CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 16 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 16 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 16 CRANBORNE CLOSE?

16 CRANBORNE CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 16 on CRANBORNE CLOSE.