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
2 CONSTABLE CLOSE is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £300,000 in September 2019, which was around 32% below the average September 2019 detached price in the Colchester local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 2 CONSTABLE CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 2 CONSTABLE 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 |
---|---|---|---|
2019 20 SEP | £300,000 | £442,036 | 32% below HPI |
2015 24 JUL | £215,000 | £349,277 | 38% below HPI |
1998 27 MAR | £66,000 | £105,713 | 38% below HPI |
1995 17 MAR | £59,995 | £92,158 | 35% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 2 CONSTABLE CLOSE sales between March 1995 and September 2019 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 July 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.
2 CONSTABLE CLOSE is 83m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 2 CONSTABLE CLOSE lies on this distribution: 19% of detached houses are smaller than 2 CONSTABLE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in West Mersea.
2 CONSTABLE CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 2 CONSTABLE 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 2 CONSTABLE 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.
2 CONSTABLE CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 2 on CONSTABLE CLOSE.