20, CLARA REEVE CLOSE, COLCHESTER, CO3 9XD - £249,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

20 CLARA REEVE CLOSE is a small detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £434,839. It was last sold for £249,995 in July 2012, which was around 13% below the average July 2012 detached price in the Colchester local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

20 CLARA REEVE CLOSE Sold Prices

Land registry data shows two sales for 20 CLARA REEVE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 20 CLARA REEVE 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
2012 30 JUL	£249,995	£288,746	13% below HPI
2006 16 AUG	£235,000	£282,970	17% below HPI

20 CLARA REEVE 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 two 20 CLARA REEVE CLOSE sales from August 2006 and July 2012 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 August 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2012 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 20 CLARA REEVE CLOSE be worth now?

20 CLARA REEVE CLOSE might now be worth an estimated £434,839.

This is based on house price inflation of 73.9%, between July 2012 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 73.9% inflationary increase is applied to the most recent sale price for 20 CLARA REEVE CLOSE of £249,995 on 30th July 2012. For the value to have increased from £249,995 to £434,839 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 20 CLARA REEVE CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The July 2012 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 20 CLARA REEVE CLOSE has not materially changed since July 2012.

How Large is 20 CLARA REEVE CLOSE?

20 CLARA REEVE CLOSE is 100m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 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 CLARA REEVE CLOSE lies on this distribution: 37% of detached houses houses are smaller than 20 CLARA REEVE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Colchester.

20 CLARA REEVE CLOSE: Plot and Title Map

20 CLARA REEVE CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 20 CLARA REEVE 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 CLARA REEVE 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 CLARA REEVE CLOSE?

20 CLARA REEVE CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 20 on CLARA REEVE CLOSE.