48, JEFFERSON CLOSE, COLCHESTER, CO3 9DR - £460,000

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

48 JEFFERSON CLOSE is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £460,000 in March 2021, which was around 5% above the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

48 JEFFERSON CLOSE Sold Prices

Land registry data shows three sales for 48 JEFFERSON 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. Two of the three 48 JEFFERSON CLOSE sales were for above the average price, whilst one was 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
2021 31 MAR	£460,000	£438,624	5% above HPI
2014 12 DEC	£320,000	£338,067	5% below HPI
1999 3 NOV	£131,000	£127,719	3% above HPI

48 JEFFERSON 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 48 JEFFERSON CLOSE sales between November 1999 and March 2021 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 December 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 48 JEFFERSON CLOSE?

48 JEFFERSON CLOSE is 106m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 48 JEFFERSON CLOSE lies on this distribution: 44% of detached houses are smaller than 48 JEFFERSON CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Colchester.

48 JEFFERSON CLOSE: Plot and Title Map

48 JEFFERSON CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 48 JEFFERSON 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 48 JEFFERSON 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 48 JEFFERSON CLOSE?

48 JEFFERSON CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 48 on JEFFERSON CLOSE.