7, IVY CLOSE, COLCHESTER, CO4 6DJ - £610,000

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 IVY CLOSE is a very large detached house of 177m². It was last sold for £610,000 in February 2024, which was around 24% above the average February 2024 detached price in the Colchester local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

7 IVY CLOSE Sold Prices

Land registry data shows three sales for 7 IVY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 7 IVY 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
2024 23 FEB	£610,000	£492,499	24% above HPI
2021 22 MAR	£530,000	£438,624	21% above HPI
2018 28 JUN	£489,995	£432,030	13% above HPI

7 IVY 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 three 7 IVY CLOSE sales between June 2018 and February 2024 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 March 2021 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2024 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 7 IVY CLOSE?

7 IVY CLOSE is 177m² according to the EPC inspection conducted in June 2018. This puts it in the largest 10% 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 IVY CLOSE lies on this distribution: 91% of detached houses are smaller than 7 IVY CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 IVY CLOSE: Plot and Title Map

7 IVY CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 7 IVY 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 IVY 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 IVY CLOSE?

7 IVY CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 7 on IVY CLOSE.