2, JEFFERSON CLOSE, COLCHESTER, CO3 9DR - £285,000

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

2 JEFFERSON CLOSE is a large detached house of 122m², built sometime between 1983 and 1990. It was last sold for £285,000 in April 2011, which was around 1% above the average April 2011 detached price in the Colchester local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

2 JEFFERSON CLOSE Sold Prices

Land registry data shows four sales for 2 JEFFERSON CLOSE since 1^st 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. two of the four 2 JEFFERSON CLOSE sales were for above the average price, and four 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
2011 21 APR	£285,000	£283,001	1% above HPI
2007 27 JUN	£265,000	£298,941	11% below HPI
2003 15 AUG	£232,500	£236,145	2% below HPI
1999 5 MAR	£115,500	£113,900	1% above HPI

2 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 four 2 JEFFERSON CLOSE sales between March 1999 and April 2011 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 June 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2011 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 JEFFERSON CLOSE?

2 JEFFERSON CLOSE is 122m² according to the EPC inspection conducted in September 2023. 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 2 JEFFERSON CLOSE lies on this distribution: 61% of detached houses are smaller than 2 JEFFERSON CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 JEFFERSON CLOSE: Plot and Title Map

2 JEFFERSON CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 2 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 2 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 2 JEFFERSON CLOSE?

2 JEFFERSON CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 2 on JEFFERSON CLOSE.