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
19 SPRING CLOSE is a very large extended detached house of 180m², built sometime between 1983 and 1990. It was last sold for £410,000 in July 2005, which was around 52% above the average July 2005 detached price in the Colchester local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 19 SPRING CLOSE since 1st 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 19 SPRING CLOSE sales were for above 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 |
---|---|---|---|
2005 13 JUL | £410,000 | £268,859 | 52% above HPI |
2003 19 NOV | £360,000 | £238,979 | 51% above HPI |
2000 17 MAR | £223,950 | £135,902 | 65% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 19 SPRING CLOSE sales between March 2000 and July 2005 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 November 2003 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2005 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.
19 SPRING CLOSE is 180m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 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 19 SPRING CLOSE lies on this distribution: 92% of detached houses are smaller than 19 SPRING CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Colchester.
19 SPRING CLOSE sits on a plot of roughly 0.336 of an acre, or 1,361m². The below map shows the location of 19 SPRING 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 19 SPRING 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.
19 SPRING CLOSE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 19 on SPRING CLOSE.