2, VALENS CLOSE, COLCHESTER, CO4 9XA - £213,000

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

2 VALENS CLOSE is a very small extended semi-detached house of 70m², built sometime between 2003 and 2006. It was last sold for £213,000 in November 2014, which was around 36% below the average November 2014 detached price in the Colchester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

2 VALENS CLOSE Sold Prices

Land registry data shows five sales for 2 VALENS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 2 VALENS 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
2014 7 NOV	£213,000	£334,632	36% below HPI
2007 12 APR	£192,000	£292,392	34% below HPI
2005 31 MAR	£168,000	£265,289	37% below HPI
2003 19 MAY	£150,000	£231,315	35% below HPI
2002 25 JAN	£119,950	£177,707	33% below HPI

2 VALENS 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 five 2 VALENS CLOSE sales between January 2002 and November 2014 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 April 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 VALENS CLOSE?

2 VALENS CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in July 2014. 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 2 VALENS CLOSE lies on this distribution: 7% of detached houses are smaller than 2 VALENS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 VALENS CLOSE: Plot and Title Map

2 VALENS CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 2 VALENS 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 VALENS 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 VALENS CLOSE?

2 VALENS CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 2 on VALENS CLOSE.