16, JEFFERSON CLOSE, COLCHESTER, CO3 9DR - £360,000

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 JEFFERSON CLOSE is a large extended detached house of 130m², built sometime between 1976 and 1982. It was last sold for £360,000 in May 2017, which was around 14% below the average May 2017 detached price in the Colchester local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

16 JEFFERSON CLOSE Sold Prices

Land registry data shows two sales for 16 JEFFERSON 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 JEFFERSON 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 17 MAY	£360,000	£416,527	14% below HPI
1996 3 MAY	£88,000	£89,086	1% below HPI

16 JEFFERSON 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 JEFFERSON CLOSE sales from May 1996 and May 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 1996 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 JEFFERSON CLOSE?

16 JEFFERSON CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 JEFFERSON CLOSE lies on this distribution: 68% of detached houses are smaller than 16 JEFFERSON CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 JEFFERSON CLOSE: Plot and Title Map

16 JEFFERSON CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 16 JEFFERSON 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 JEFFERSON 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 JEFFERSON CLOSE?

16 JEFFERSON CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 16 on JEFFERSON CLOSE.