9, GILWELL PARK CLOSE, COLCHESTER, CO3 4SP - £327,500

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.

9 GILWELL PARK CLOSE is a small extended detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £572,280. It was last sold for £327,500 in December 2011, which was around 14% above the average December 2011 detached price in the Colchester local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

9 GILWELL PARK CLOSE Sold Prices

Land registry data shows three sales for 9 GILWELL PARK 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. One of the three 9 GILWELL PARK CLOSE sales was for above the average price, whilst two 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
2011 9 DEC	£327,500	£287,419	14% above HPI
2002 27 FEB	£140,000	£180,264	22% below HPI
2001 20 DEC	£120,000	£176,828	32% below HPI

9 GILWELL PARK 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 9 GILWELL PARK CLOSE sales between December 2001 and December 2011 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 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2011 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 9 GILWELL PARK CLOSE be worth now?

9 GILWELL PARK CLOSE might now be worth an estimated £572,280.

This is based on house price inflation of 74.7%, between December 2011 and February 2025, for 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 74.7% inflationary increase is applied to the most recent sale price for 9 GILWELL PARK CLOSE of £327,500 on 9th December 2011. For the value to have increased from £327,500 to £572,280 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 9 GILWELL PARK CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2011 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 9 GILWELL PARK CLOSE has not materially changed since December 2011.

How Large is 9 GILWELL PARK CLOSE?

9 GILWELL PARK CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 9 GILWELL PARK CLOSE lies on this distribution: 31% of detached houses houses are smaller than 9 GILWELL PARK CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Colchester.

9 GILWELL PARK CLOSE: Plot and Title Map

9 GILWELL PARK CLOSE sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 9 GILWELL PARK 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 9 GILWELL PARK 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 9 GILWELL PARK CLOSE?

9 GILWELL PARK CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 9 on GILWELL PARK CLOSE.