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
4 WILLOW CLOSE is a large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £450,000 in October 2016, which was around 70% above the average October 2016 detached price in the Tendring local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 4 WILLOW CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the four 4 WILLOW CLOSE sales were for above 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 |
---|---|---|---|
2016 24 OCT | £450,000 | £264,262 | 70% above HPI |
2002 27 NOV | £274,000 | £155,446 | 76% above HPI |
2001 8 MAR | £200,000 | £108,612 | 84% above HPI |
1995 1 MAR | £147,500 | £62,155 | 137% above HPI |
The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The four 4 WILLOW CLOSE sales between March 1995 and October 2016 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 November 2002 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the October 2016 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.
4 WILLOW CLOSE is 135m² according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 4 WILLOW CLOSE lies on this distribution: 71% of detached houses are smaller than 4 WILLOW CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Colchester.
4 WILLOW CLOSE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 4 WILLOW 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 WILLOW 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.
4 WILLOW CLOSE is located in ARDLEIGH, in the CO7 postcode district. The below map shows the position of No. 4 on WILLOW CLOSE.