4, DOMITIAN CLOSE, COLCHESTER, CO4 5GY - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 DOMITIAN CLOSE is a midsized extended detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £357,825. It was last sold for £325,000 in November 2020, which was around 29% below the average November 2020 detached price in the Colchester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

4 DOMITIAN CLOSE Sold Prices

Land registry data shows three sales for 4 DOMITIAN 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 4 DOMITIAN 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
2020 20 NOV	£325,000	£456,169	29% below HPI
2005 11 OCT	£174,950	£269,157	35% below HPI
1999 15 OCT	£84,500	£126,312	33% below HPI

4 DOMITIAN 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 4 DOMITIAN CLOSE sales between October 1999 and November 2020 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 October 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 4 DOMITIAN CLOSE be worth now?

4 DOMITIAN CLOSE might now be worth an estimated £357,825.

This is based on house price inflation of 10.1%, between November 2020 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.1% inflationary increase is applied to the most recent sale price for 4 DOMITIAN CLOSE of £325,000 on 20th November 2020. For the value to have increased from £325,000 to £357,825 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 DOMITIAN CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 DOMITIAN CLOSE has not materially changed since November 2020.

How Large is 4 DOMITIAN CLOSE?

4 DOMITIAN CLOSE is 109m², which includes three extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 4 DOMITIAN CLOSE lies on this distribution: 47% of detached houses houses are smaller than 4 DOMITIAN CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 DOMITIAN CLOSE: Plot and Title Map

4 DOMITIAN CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 4 DOMITIAN 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 4 DOMITIAN 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 4 DOMITIAN CLOSE?

4 DOMITIAN CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 4 on DOMITIAN CLOSE.