8, PODIUM CLOSE, COLCHESTER, CO4 5XX - £451,000

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 PODIUM CLOSE is a large detached house of 132m², built sometime from 2012 onwards. It was last sold for £451,000 in February 2023, which was around 14% below the average February 2023 detached price in the Colchester local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was C.

8 PODIUM CLOSE Sold Prices

Land registry data shows two sales for 8 PODIUM 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. One of the two 8 PODIUM CLOSE sales was for below the average price, whilst the other was 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
2023 13 FEB	£451,000	£524,839	14% below HPI
2013 19 MAR	£305,000	£289,443	5% above HPI

8 PODIUM 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 PODIUM CLOSE sales from March 2013 and February 2023 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 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 PODIUM CLOSE?

8 PODIUM CLOSE is 132m² according to the EPC inspection conducted in January 2023. This puts it in the largest 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 PODIUM CLOSE lies on this distribution: 70% of detached houses are smaller than 8 PODIUM CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 PODIUM CLOSE: Plot and Title Map

8 PODIUM CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 8 PODIUM 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 PODIUM 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 PODIUM CLOSE?

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