8, ROMFORD CLOSE, COLCHESTER, CO4 0AP - £235,000

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 ROMFORD CLOSE is a very small semi-detached house of 49m², built sometime between 1950 and 1966. It was last sold for £235,000 in September 2016, which was around 42% below the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

8 ROMFORD CLOSE Sold Prices

Land registry data shows four sales for 8 ROMFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 8 ROMFORD 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
2016 1 SEP	£235,000	£405,861	42% below HPI
2014 22 APR	£170,000	£310,577	45% below HPI
2011 6 APR	£150,000	£283,001	47% below HPI
2002 19 NOV	£125,000	£223,504	44% below HPI

8 ROMFORD 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 four 8 ROMFORD CLOSE sales between November 2002 and September 2016 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 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 ROMFORD CLOSE?

8 ROMFORD CLOSE is 49m² according to the EPC inspection conducted in November 2010. 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 8 ROMFORD CLOSE lies on this distribution: 1% of detached houses are smaller than 8 ROMFORD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 ROMFORD CLOSE: Plot and Title Map

8 ROMFORD CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 8 ROMFORD 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 ROMFORD 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 ROMFORD CLOSE?

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