18, SALARY CLOSE, COLCHESTER, CO4 3HL - £260,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

18 SALARY CLOSE is a very small semi-detached house of 56m², built sometime between 1967 and 1975. It was last sold for £260,000 in April 2021, which was around 40% below the average April 2021 detached price in the Colchester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

18 SALARY CLOSE Sold Prices

Land registry data shows two sales for 18 SALARY 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 18 SALARY 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
2021 21 APR	£260,000	£436,072	40% below HPI
2010 14 SEP	£155,000	£287,894	46% below HPI

18 SALARY 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 18 SALARY CLOSE sales from September 2010 and April 2021 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 September 2010 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 18 SALARY CLOSE?

18 SALARY CLOSE is 56m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 18 SALARY CLOSE lies on this distribution: 2% of detached houses are smaller than 18 SALARY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.

18 SALARY CLOSE: Plot and Title Map

18 SALARY CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 18 SALARY 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 18 SALARY 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 18 SALARY CLOSE?

18 SALARY CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 18 on SALARY CLOSE.