47, GOLDCREST CLOSE, COLCHESTER, CO4 3FN - £377,500

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.

47 GOLDCREST CLOSE is a large detached house of 146m², built sometime between 1976 and 1982, which could now be worth an estimated £441,546. It was last sold for £377,500 in January 2020, which was around 12% below the average January 2020 detached price in the Colchester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

47 GOLDCREST CLOSE Sold Prices

Land registry data shows four sales for 47 GOLDCREST 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 47 GOLDCREST 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 13 JAN	£377,500	£429,392	12% below HPI
2013 8 FEB	£237,500	£291,983	19% below HPI
2006 18 JUL	£249,995	£279,906	11% below HPI
2004 24 FEB	£228,500	£248,497	8% below HPI

47 GOLDCREST 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 47 GOLDCREST CLOSE sales between February 2004 and January 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 February 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 47 GOLDCREST CLOSE be worth now?

47 GOLDCREST CLOSE might now be worth an estimated £441,546.

This is based on house price inflation of 17%, between January 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 17% inflationary increase is applied to the most recent sale price for 47 GOLDCREST CLOSE of £377,500 on 13th January 2020. For the value to have increased from £377,500 to £441,546 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 47 GOLDCREST CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The January 2020 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 47 GOLDCREST CLOSE has not materially changed since January 2020.

How Large is 47 GOLDCREST CLOSE?

47 GOLDCREST CLOSE is 146m² according to the EPC inspection conducted in November 2016. This puts it in the largest 30% 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 47 GOLDCREST CLOSE lies on this distribution: 78% of detached houses houses are smaller than 47 GOLDCREST CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Colchester.

47 GOLDCREST CLOSE: Plot and Title Map

47 GOLDCREST CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 47 GOLDCREST 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 47 GOLDCREST 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 47 GOLDCREST CLOSE?

47 GOLDCREST CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 47 on GOLDCREST CLOSE.