20, BULLFINCH CLOSE, COLCHESTER, CO4 3FQ - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 BULLFINCH CLOSE is a large detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £460,195. It was last sold for £425,000 in September 2021, which was around 8% below the average September 2021 detached price in the Colchester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

20 BULLFINCH CLOSE Sold Prices

Land registry data shows five sales for 20 BULLFINCH 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 20 BULLFINCH 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
2021 28 SEP	£425,000	£463,831	8% below HPI
2016 28 SEP	£302,500	£406,976	26% below HPI
2002 25 OCT	£177,000	£218,813	19% below HPI
2000 28 JAN	£117,500	£131,402	11% below HPI
1996 19 JAN	£75,000	£88,533	15% below HPI

20 BULLFINCH 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 20 BULLFINCH CLOSE sales between January 1996 and September 2021 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 September 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 20 BULLFINCH CLOSE be worth now?

20 BULLFINCH CLOSE might now be worth an estimated £460,195.

This is based on house price inflation of 8.3%, between September 2021 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.3% inflationary increase is applied to the most recent sale price for 20 BULLFINCH CLOSE of £425,000 on 28th September 2021. For the value to have increased from £425,000 to £460,195 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 20 BULLFINCH CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 20 BULLFINCH CLOSE has not materially changed since September 2021.

How Large is 20 BULLFINCH CLOSE?

20 BULLFINCH CLOSE is 121m² according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 20 BULLFINCH CLOSE lies on this distribution: 60% of detached houses houses are smaller than 20 BULLFINCH CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Colchester.

20 BULLFINCH CLOSE: Plot and Title Map

20 BULLFINCH CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 20 BULLFINCH 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 20 BULLFINCH 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 20 BULLFINCH CLOSE?

20 BULLFINCH CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 20 on BULLFINCH CLOSE.