26, MIDLAND CLOSE, COLCHESTER, CO2 7RS - £350,000

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

26 MIDLAND CLOSE is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £350,000 in December 2021, which was around 28% below the average December 2021 detached price in the Colchester local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

26 MIDLAND CLOSE Sold Prices

Land registry data shows two sales for 26 MIDLAND 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 26 MIDLAND 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 16 DEC	£350,000	£483,413	28% below HPI
2014 4 MAR	£230,000	£311,614	26% below HPI

26 MIDLAND 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 26 MIDLAND CLOSE sales from March 2014 and December 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 March 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 26 MIDLAND CLOSE?

26 MIDLAND CLOSE is 83m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 26 MIDLAND CLOSE lies on this distribution: 17% of detached houses are smaller than 26 MIDLAND CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Colchester.

26 MIDLAND CLOSE: Plot and Title Map

26 MIDLAND CLOSE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 26 MIDLAND 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 26 MIDLAND 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 26 MIDLAND CLOSE?

26 MIDLAND CLOSE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 26 on MIDLAND CLOSE.