2, WHITEBEAM CLOSE, MILE END, COLCHESTER, CO4 5HB - £440,000

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 WHITEBEAM CLOSE is a large semi-detached house of 128m², built sometime between 1996 and 2002. It was last sold for £440,000 in March 2023, which was around 16% below the average March 2023 detached price in the Colchester local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

2 WHITEBEAM CLOSE Sold Prices

Land registry data shows five sales for 2 WHITEBEAM 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. Most of the five 2 WHITEBEAM 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
2023 30 MAR	£440,000	£524,602	16% below HPI
2013 1 MAR	£260,000	£289,443	10% below HPI
2010 17 DEC	£234,000	£284,672	18% below HPI
2005 7 JUL	£235,000	£268,859	13% below HPI
2001 2 JUL	£185,000	£163,344	13% above HPI

2 WHITEBEAM 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 WHITEBEAM CLOSE sales between July 2001 and March 2023 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 March 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 WHITEBEAM CLOSE?

2 WHITEBEAM CLOSE is 128m² according to the EPC inspection conducted in July 2022. 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 WHITEBEAM CLOSE lies on this distribution: 67% of detached houses are smaller than 2 WHITEBEAM CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 WHITEBEAM CLOSE: Plot and Title Map

2 WHITEBEAM CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 2 WHITEBEAM 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 WHITEBEAM 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 WHITEBEAM CLOSE?

2 WHITEBEAM CLOSE is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 2 on WHITEBEAM CLOSE.