24, BALE CLOSE, COLCHESTER, CO3 9XP - £177,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

24 BALE CLOSE is a very small semi-detached house of 65m², built sometime between 1976 and 1982. It was last sold for £177,000 in August 2013, which was around 40% below the average August 2013 detached price in the Colchester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

24 BALE CLOSE Sold Prices

Land registry data shows three sales for 24 BALE 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 24 BALE 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
2013 23 AUG	£177,000	£293,106	40% below HPI
2006 26 MAY	£160,000	£279,792	43% below HPI
1999 23 SEP	£65,500	£123,279	47% below HPI

24 BALE 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 24 BALE CLOSE sales between September 1999 and August 2013 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 May 2006 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2013 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 24 BALE CLOSE?

24 BALE CLOSE is 65m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 24 BALE CLOSE lies on this distribution: 4% of detached houses are smaller than 24 BALE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24 BALE CLOSE: Plot and Title Map

24 BALE CLOSE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 24 BALE 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 24 BALE 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 24 BALE CLOSE?

24 BALE CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 24 on BALE CLOSE.