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 PEMBROKE CLOSE is a very small semi-detached house of 51m², built sometime between 1991 and 1995. It was last sold for £232,000 in October 2023, which was around 53% below the average October 2023 detached price in the Colchester local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 3 PEMBROKE CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 3 PEMBROKE 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 |
---|---|---|---|
2023 30 OCT | £232,000 | £496,526 | 53% below HPI |
2007 16 AUG | £152,500 | £307,629 | 50% below HPI |
2005 10 JUN | £134,000 | £267,383 | 50% below HPI |
2002 30 AUG | £98,500 | £205,075 | 52% below HPI |
1997 31 JUL | £46,000 | £98,262 | 53% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The five 3 PEMBROKE CLOSE sales between July 1997 and October 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 August 2007 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2023 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.
3 PEMBROKE CLOSE is 51m² according to the EPC inspection conducted in June 2023. 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 3 PEMBROKE CLOSE lies on this distribution: 1% of detached houses are smaller than 3 PEMBROKE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.
3 PEMBROKE CLOSE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 3 PEMBROKE 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 PEMBROKE 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.
3 PEMBROKE CLOSE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 3 on PEMBROKE CLOSE.