9, PIER CLOSE, COLCHESTER, CO2 9FW - £365,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 PIER CLOSE is a large detached house of 113m². It was last sold for £365,000 in September 2017, which was around 15% below the average September 2017 detached price in the Colchester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

9 PIER CLOSE Sold Prices

Land registry data shows three sales for 9 PIER 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. All of the three 9 PIER 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
2017 14 SEP	£365,000	£429,380	15% below HPI
2015 19 AUG	£312,500	£352,908	11% below HPI
2013 20 DEC	£238,000	£302,483	21% below HPI

9 PIER 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 PIER CLOSE sales between December 2013 and September 2017 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 August 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 9 PIER CLOSE?

9 PIER CLOSE is 113m² according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 9 PIER CLOSE lies on this distribution: 63% of detached houses are smaller than 9 PIER CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

9 PIER CLOSE: Plot and Title Map

9 PIER CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 9 PIER 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 PIER 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 PIER CLOSE?

9 PIER CLOSE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 9 on PIER CLOSE.