23, BURY CLOSE, COLCHESTER, CO1 2YR - £385,000

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

23 BURY CLOSE is a midsized extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £385,000 in January 2019, which was around 12% below the average January 2019 detached price in the Colchester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

23 BURY CLOSE Sold Prices

Land registry data shows two sales for 23 BURY 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 23 BURY 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
2019 24 JAN	£385,000	£439,158	12% below HPI
2007 28 SEP	£279,995	£306,812	9% below HPI

23 BURY 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 23 BURY CLOSE sales from September 2007 and January 2019 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 23 BURY CLOSE?

23 BURY CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 23 BURY CLOSE lies on this distribution: 46% of detached houses are smaller than 23 BURY CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 BURY CLOSE: Plot and Title Map

23 BURY CLOSE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 23 BURY 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 23 BURY 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 23 BURY CLOSE?

23 BURY CLOSE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 23 on BURY CLOSE.