7, WAKEFIELD CLOSE, COLCHESTER, CO1 2SD - £200,000

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 WAKEFIELD CLOSE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £200,000 in August 2013, which was around 32% below the average August 2013 detached price in the Colchester local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

7 WAKEFIELD CLOSE Sold Prices

Land registry data shows three sales for 7 WAKEFIELD 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 WAKEFIELD 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
2013 6 AUG	£200,000	£293,107	32% below HPI
2008 27 FEB	£210,000	£308,097	32% below HPI
1996 26 JUN	£63,500	£90,353	30% below HPI

7 WAKEFIELD 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 WAKEFIELD CLOSE sales between June 1996 and August 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 February 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2013 sale, which was also at 32% below the HPI.

How Large is 7 WAKEFIELD CLOSE?

7 WAKEFIELD CLOSE is 61m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 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 WAKEFIELD CLOSE lies on this distribution: 3% of detached houses are smaller than 7 WAKEFIELD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 WAKEFIELD CLOSE: Plot and Title Map

7 WAKEFIELD CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 7 WAKEFIELD 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 WAKEFIELD 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 WAKEFIELD CLOSE?

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