8, GOLDFINCH CLOSE, COLCHESTER, CO4 3TY - £288,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 GOLDFINCH CLOSE is a midsized extended semi-detached house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £336,347. It was last sold for £288,500 in August 2019, which was around 2% above the average August 2019 semi-detached price in the Colchester local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

8 GOLDFINCH CLOSE Sold Prices

Land registry data shows two sales for 8 GOLDFINCH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 8 GOLDFINCH 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
2019 16 AUG	£288,500	£284,116	2% above HPI
1996 1 APR	£57,000	£56,060	2% above HPI

8 GOLDFINCH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 8 GOLDFINCH CLOSE sales from April 1996 and August 2019 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 April 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2019 sale, which was also at 2% above the HPI.

What might 8 GOLDFINCH CLOSE be worth now?

8 GOLDFINCH CLOSE might now be worth an estimated £336,347.

This is based on house price inflation of 16.6%, between August 2019 and February 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 8 GOLDFINCH CLOSE of £288,500 on 16th August 2019. For the value to have increased from £288,500 to £336,347 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 8 GOLDFINCH CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The August 2019 sale price of £288,500 represented a fair market value for the property.
• The size, condition, and specification of 8 GOLDFINCH CLOSE has not materially changed since August 2019.

How Large is 8 GOLDFINCH CLOSE?

8 GOLDFINCH CLOSE is 112m², which includes three extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 8 GOLDFINCH CLOSE lies on this distribution: 50% of semi-detached houses houses are smaller than 8 GOLDFINCH CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 GOLDFINCH CLOSE: Plot and Title Map

8 GOLDFINCH CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 8 GOLDFINCH 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 GOLDFINCH 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 GOLDFINCH CLOSE?

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