23, GANTRY CLOSE, COLCHESTER, CO1 2ZP - £350,000

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.

23 GANTRY CLOSE is a small detached house of 95m², which could now be worth an estimated £341,860. It was last sold for £350,000 in September 2022, which was around 32% below the average September 2022 detached price in the Colchester local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was B.

23 GANTRY CLOSE Sold Prices

Land registry data shows three sales for 23 GANTRY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 23 GANTRY 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
2022 6 SEP	£350,000	£514,201	32% below HPI
2014 29 AUG	£231,500	£324,838	29% below HPI
2013 18 DEC	£219,995	£303,314	27% below HPI

23 GANTRY 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 three 23 GANTRY CLOSE sales between December 2013 and September 2022 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 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 23 GANTRY CLOSE be worth now?

23 GANTRY CLOSE might now be worth an estimated £341,860.

This is based on house price deflation of 2.3%, between September 2022 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 2.3% deflationary decrease is applied to the most recent sale price for 23 GANTRY CLOSE of £350,000 on 6th September 2022. For the value to have decreased from £350,000 to £341,860 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 GANTRY CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 23 GANTRY CLOSE has not materially changed since September 2022.

How Large is 23 GANTRY CLOSE?

23 GANTRY CLOSE is 95m² according to the EPC inspection conducted in December 2013. 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 23 GANTRY CLOSE lies on this distribution: 32% of detached houses houses are smaller than 23 GANTRY CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 GANTRY CLOSE: Plot and Title Map

23 GANTRY CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 23 GANTRY 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 GANTRY 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 GANTRY CLOSE?

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