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 WARWICK BAILEY CLOSE is a midsized detached house of 102m², built sometime between 1976 and 1982. It was last sold for £325,000 in September 2011, which was around 14% above the average September 2011 detached price in the Colchester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 6 WARWICK BAILEY CLOSE since 1st 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 WARWICK BAILEY CLOSE sales were for above 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 5 SEP | £325,000 | £284,067 | 14% above HPI |
2004 5 FEB | £265,000 | £247,816 | 7% above HPI |
2001 10 AUG | £229,995 | £167,800 | 37% above HPI |
1997 28 MAY | £120,000 | £95,181 | 26% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 6 WARWICK BAILEY CLOSE sales between May 1997 and September 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 February 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2011 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.
6 WARWICK BAILEY CLOSE is 102m² according to the EPC inspection conducted in February 2011. 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 6 WARWICK BAILEY CLOSE lies on this distribution: 41% of detached houses are smaller than 6 WARWICK BAILEY CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Colchester.
6 WARWICK BAILEY CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 6 WARWICK BAILEY 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 WARWICK BAILEY 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.
6 WARWICK BAILEY CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 6 on WARWICK BAILEY CLOSE.