16, GOLDCREST CLOSE, COLCHESTER, CO4 3FN - £345,000

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 GOLDCREST CLOSE is a large detached house of 122m², built sometime between 1983 and 1990. It was last sold for £345,000 in December 2017, which was around 21% below the average December 2017 detached price in the Colchester local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

16 GOLDCREST CLOSE Sold Prices

Land registry data shows two sales for 16 GOLDCREST CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 16 GOLDCREST 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
2017 21 DEC	£345,000	£435,048	21% below HPI
2008 16 MAY	£275,000	£294,390	7% below HPI

16 GOLDCREST 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 two 16 GOLDCREST CLOSE sales from May 2008 and December 2017 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 May 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 GOLDCREST CLOSE?

16 GOLDCREST CLOSE is 122m² according to the EPC inspection conducted in September 2013. This puts it in the largest 40% 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 GOLDCREST CLOSE lies on this distribution: 61% of detached houses are smaller than 16 GOLDCREST CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 GOLDCREST CLOSE: Plot and Title Map

16 GOLDCREST CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 16 GOLDCREST 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 GOLDCREST 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 GOLDCREST CLOSE?

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