38, BERKLEY CLOSE, HIGHWOODS, COLCHESTER, CO4 9RR - £265,000

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

38 BERKLEY CLOSE is a very small extended detached house of 76m², built sometime between 2003 and 2006. It was last sold for £265,000 in October 2017, which was around 39% below the average October 2017 detached price in the Colchester local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

38 BERKLEY CLOSE Sold Prices

Land registry data shows four sales for 38 BERKLEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 38 BERKLEY 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
2017 4 OCT	£265,000	£433,691	39% below HPI
2013 30 MAY	£187,000	£290,038	36% below HPI
2003 10 OCT	£160,000	£235,767	32% below HPI
1997 16 JUL	£73,500	£98,262	25% below HPI

38 BERKLEY 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 four 38 BERKLEY CLOSE sales between July 1997 and October 2017 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 May 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2017 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 38 BERKLEY CLOSE?

38 BERKLEY CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in December 2021. 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 38 BERKLEY CLOSE lies on this distribution: 10% of detached houses are smaller than 38 BERKLEY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

38 BERKLEY CLOSE: Plot and Title Map

38 BERKLEY CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 38 BERKLEY 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 38 BERKLEY 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 38 BERKLEY CLOSE?

38 BERKLEY CLOSE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 38 on BERKLEY CLOSE.