5, CRANBORNE CLOSE, COLCHESTER, CO4 5UZ - £377,500

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

5 CRANBORNE CLOSE is a midsized extended semi-detached house of 105m², built sometime between 1996 and 2002. It was last sold for £377,500 in July 2024, which was around 26% below the average July 2024 detached price in the Colchester local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

5 CRANBORNE CLOSE Sold Prices

Land registry data shows four sales for 5 CRANBORNE 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 5 CRANBORNE 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
2024 24 JUL	£377,500	£508,850	26% below HPI
2006 17 MAR	£203,000	£277,662	27% below HPI
2004 1 OCT	£215,000	£264,165	19% below HPI
2001 26 OCT	£159,595	£174,367	8% below HPI

5 CRANBORNE 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 5 CRANBORNE CLOSE sales between October 2001 and July 2024 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 March 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 CRANBORNE CLOSE?

5 CRANBORNE CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in December 2015. 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 5 CRANBORNE CLOSE lies on this distribution: 43% of detached houses are smaller than 5 CRANBORNE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 CRANBORNE CLOSE: Plot and Title Map

5 CRANBORNE CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 5 CRANBORNE 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 5 CRANBORNE 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 5 CRANBORNE CLOSE?

5 CRANBORNE CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 5 on CRANBORNE CLOSE.