7, ALBANY CLOSE, WEST BERGHOLT, COLCHESTER, CO6 3LE - £315,000

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

7 ALBANY CLOSE is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £315,000 in May 2018, which was around 27% below the average May 2018 detached price in the Colchester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

7 ALBANY CLOSE Sold Prices

Land registry data shows four sales for 7 ALBANY 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 7 ALBANY 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
2018 25 MAY	£315,000	£432,704	27% below HPI
2014 8 AUG	£249,950	£323,948	23% below HPI
2012 30 JUL	£195,000	£287,955	32% below HPI
1999 30 JUN	£80,000	£116,881	32% below HPI

7 ALBANY 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 7 ALBANY CLOSE sales between June 1999 and May 2018 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 ALBANY CLOSE?

7 ALBANY CLOSE is 65m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in West Bergholt, based on EPC data. The below chart shows the distribution of detached houses by size in West Bergholt, and where 7 ALBANY CLOSE lies on this distribution: 3% of detached houses are smaller than 7 ALBANY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in West Bergholt.

7 ALBANY CLOSE: Plot and Title Map

7 ALBANY CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 7 ALBANY 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 7 ALBANY 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 7 ALBANY CLOSE?

7 ALBANY CLOSE is located in WEST BERGHOLT, in the CO6 postcode district. The below map shows the position of No. 7 on ALBANY CLOSE.