7, BURY CLOSE, COLCHESTER, CO1 2YR - £320,000

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 BURY CLOSE is a large extended detached house of 150m², built sometime between 1976 and 1982. It was last sold for £320,000 in July 2013, which was around 10% above the average July 2013 detached price in the Colchester local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

7 BURY CLOSE Sold Prices

Land registry data shows two sales for 7 BURY 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 7 BURY 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
2013 30 JUL	£320,000	£289,834	10% above HPI
2001 14 DEC	£186,500	£176,343	6% above HPI

7 BURY 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 7 BURY CLOSE sales from December 2001 and July 2013 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 December 2001 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2013 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 BURY CLOSE?

7 BURY CLOSE is 150m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 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 7 BURY CLOSE lies on this distribution: 80% of detached houses are smaller than 7 BURY CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 BURY CLOSE: Plot and Title Map

7 BURY CLOSE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 7 BURY 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 BURY 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 BURY CLOSE?

7 BURY CLOSE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 7 on BURY CLOSE.