5, TANGERINE CLOSE, COLCHESTER, CO4 3XE - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 TANGERINE CLOSE is a midsized detached house of 120m², built sometime between 1976 and 1982. It was last sold for £175,000 in January 2011, which was around 39% below the average January 2011 detached price in the Colchester local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

5 TANGERINE CLOSE Sold Prices

Land registry data shows two sales for 5 TANGERINE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 5 TANGERINE 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
2011 31 JAN	£175,000	£285,683	39% below HPI
1995 30 NOV	£57,000	£87,937	35% below HPI

5 TANGERINE 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 two 5 TANGERINE CLOSE sales from November 1995 and January 2011 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 1995 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2011 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 TANGERINE CLOSE?

5 TANGERINE CLOSE is 120m² according to the EPC inspection conducted in January 2021. This puts it in the largest 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 TANGERINE CLOSE lies on this distribution: 59% of detached houses are smaller than 5 TANGERINE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 TANGERINE CLOSE: Plot and Title Map

5 TANGERINE CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 5 TANGERINE 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 TANGERINE 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 TANGERINE CLOSE?

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