6, NORWICH CLOSE, COLCHESTER, CO1 2RQ - £240,000

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

6 NORWICH CLOSE is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £240,000 in May 2020, which was around 44% below the average May 2020 detached price in the Colchester local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

6 NORWICH CLOSE Sold Prices

Land registry data shows four sales for 6 NORWICH 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 6 NORWICH 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 15 MAY	£240,000	£427,758	44% below HPI
2007 3 AUG	£167,000	£307,629	46% below HPI
1999 17 DEC	£76,995	£129,201	40% below HPI
1997 28 FEB	£50,000	£91,601	45% below HPI

6 NORWICH 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 6 NORWICH CLOSE sales between February 1997 and May 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 August 2007 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 6 NORWICH CLOSE?

6 NORWICH CLOSE is 82m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 6 NORWICH CLOSE lies on this distribution: 16% of detached houses are smaller than 6 NORWICH CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Colchester.

6 NORWICH CLOSE: Plot and Title Map

6 NORWICH CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 6 NORWICH 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 6 NORWICH 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 6 NORWICH CLOSE?

6 NORWICH CLOSE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 6 on NORWICH CLOSE.