3, CULVERT CLOSE, COGGESHALL, COLCHESTER, CO6 1PB - £705,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CULVERT CLOSE is a large detached house of 162m², built sometime between 1983 and 1990, which could now be worth an estimated £729,949. It was last sold for £705,000 in December 2023, which was around 26% above the average December 2023 detached price in the Braintree local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

3 CULVERT CLOSE Sold Prices

Land registry data shows three sales for 3 CULVERT 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 Braintree local authority area for the corresponding sale date. All of the three 3 CULVERT CLOSE sales were for above 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
2023 8 DEC	£705,000	£558,684	26% above HPI
2009 1 APR	£432,000	£275,901	57% above HPI
1995 11 SEP	£206,000	£96,794	113% above HPI

3 CULVERT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three 3 CULVERT CLOSE sales between September 1995 and December 2023 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 April 2009 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the December 2023 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 3 CULVERT CLOSE be worth now?

3 CULVERT CLOSE might now be worth an estimated £729,949.

This is based on house price inflation of 3.5%, between December 2023 and December 2024, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% inflationary increase is applied to the most recent sale price for 3 CULVERT CLOSE of £705,000 on 8th December 2023. For the value to have increased from £705,000 to £729,949 over the one year to December 2024, the following assumptions must hold true:

• The value of 3 CULVERT CLOSE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The December 2023 sale price of £705,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CULVERT CLOSE has not materially changed since December 2023.

How Large is 3 CULVERT CLOSE?

3 CULVERT CLOSE is 162m² according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses houses in Coggeshall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coggeshall, and where 3 CULVERT CLOSE lies on this distribution: 74% of detached houses houses are smaller than 3 CULVERT CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Coggeshall.

3 CULVERT CLOSE: Plot and Title Map

3 CULVERT CLOSE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 3 CULVERT 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 CULVERT 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 CULVERT CLOSE?

3 CULVERT CLOSE is located in COGGESHALL, in the CO6 postcode district. The below map shows the position of No. 3 on CULVERT CLOSE.