8, ARDEN CLOSE, COLCHESTER, CO4 0JP - £350,000

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

8 ARDEN CLOSE is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £350,000 in October 2021, which was around 25% below the average October 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

8 ARDEN CLOSE Sold Prices

Land registry data shows two sales for 8 ARDEN 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 8 ARDEN 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
2021 29 OCT	£350,000	£469,018	25% below HPI
2017 14 DEC	£300,000	£435,048	31% below HPI

8 ARDEN 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 8 ARDEN CLOSE sales from December 2017 and October 2021 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 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 ARDEN CLOSE?

8 ARDEN CLOSE is 86m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 8 ARDEN CLOSE lies on this distribution: 21% of detached houses are smaller than 8 ARDEN CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 ARDEN CLOSE: Plot and Title Map

8 ARDEN CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 8 ARDEN 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 8 ARDEN 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 8 ARDEN CLOSE?

8 ARDEN CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 8 on ARDEN CLOSE.