3, BEAUMONT CLOSE, COLCHESTER, CO4 5XE - £300,000

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

3 BEAUMONT CLOSE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £300,000 in June 2018, which was around 31% below the average June 2018 detached price in the Colchester local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

3 BEAUMONT CLOSE Sold Prices

Land registry data shows two sales for 3 BEAUMONT 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 3 BEAUMONT 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
2018 8 JUN	£300,000	£432,030	31% below HPI
2000 7 DEC	£118,000	£152,284	23% below HPI

3 BEAUMONT 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 3 BEAUMONT CLOSE sales from December 2000 and June 2018 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 December 2000 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 BEAUMONT CLOSE?

3 BEAUMONT CLOSE is 80m² according to the EPC inspection conducted in November 2017. 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 3 BEAUMONT CLOSE lies on this distribution: 14% of detached houses are smaller than 3 BEAUMONT CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 BEAUMONT CLOSE: Plot and Title Map

3 BEAUMONT CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 3 BEAUMONT 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 3 BEAUMONT 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 3 BEAUMONT CLOSE?

3 BEAUMONT CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 3 on BEAUMONT CLOSE.