3, WOODVIEW CLOSE, COLCHESTER, CO4 0QW - £365,000

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 WOODVIEW CLOSE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £365,000 in July 2019, which was around 16% below the average July 2019 detached price in the Colchester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

3 WOODVIEW CLOSE Sold Prices

Land registry data shows three sales for 3 WOODVIEW 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 3 WOODVIEW 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
2019 5 JUL	£365,000	£436,896	16% below HPI
2005 30 AUG	£245,000	£268,904	9% below HPI
2003 4 SEP	£220,000	£237,303	7% below HPI

3 WOODVIEW 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 3 WOODVIEW CLOSE sales between September 2003 and July 2019 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 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 WOODVIEW CLOSE?

3 WOODVIEW CLOSE is 85m² according to the EPC inspection conducted in July 2018. 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 WOODVIEW CLOSE lies on this distribution: 20% of detached houses are smaller than 3 WOODVIEW CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 WOODVIEW CLOSE: Plot and Title Map

3 WOODVIEW CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 3 WOODVIEW 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 WOODVIEW 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 WOODVIEW CLOSE?

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