32, WAKEFIELD CLOSE, COLCHESTER, CO1 2SD - £320,000

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

32 WAKEFIELD CLOSE is a very small detached house of 57m², built sometime between 1983 and 1990. It was last sold for £320,000 in September 2023, which was around 36% below the average September 2023 detached price in the Colchester local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

32 WAKEFIELD CLOSE Sold Prices

Land registry data shows three sales for 32 WAKEFIELD 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 32 WAKEFIELD 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 28 SEP	£320,000	£503,529	36% below HPI
2001 29 JAN	£110,000	£150,591	27% below HPI
1997 16 DEC	£74,250	£100,710	26% below HPI

32 WAKEFIELD 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 32 WAKEFIELD CLOSE sales between December 1997 and September 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 January 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 32 WAKEFIELD CLOSE?

32 WAKEFIELD CLOSE is 57m² according to the EPC inspection conducted in July 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 32 WAKEFIELD CLOSE lies on this distribution: 2% of detached houses are smaller than 32 WAKEFIELD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Colchester.

32 WAKEFIELD CLOSE: Plot and Title Map

32 WAKEFIELD CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 32 WAKEFIELD 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 32 WAKEFIELD 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 32 WAKEFIELD CLOSE?

32 WAKEFIELD CLOSE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 32 on WAKEFIELD CLOSE.