1, MARCUS CLOSE, COLCHESTER, CO4 5GT - £310,000

1 MARCUS CLOSE is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £310,000 in February 2020, which was around 28% below the average February 2020 detached price in the Colchester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

1 MARCUS CLOSE Sold Prices

Land registry data shows five sales for 1 MARCUS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 1 MARCUS 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
2020 21 FEB	£310,000	£428,922	28% below HPI
2013 28 OCT	£235,000	£303,998	23% below HPI
2007 13 JUL	£223,000	£303,833	27% below HPI
2003 13 JUN	£181,500	£233,411	22% below HPI
1999 30 APR	£91,950	£111,386	17% below HPI

1 MARCUS 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 five 1 MARCUS CLOSE sales between April 1999 and February 2020 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 October 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 MARCUS CLOSE?

1 MARCUS CLOSE is 86m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 1 MARCUS CLOSE lies on this distribution: 21% of detached houses are smaller than 1 MARCUS CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 MARCUS CLOSE: Plot and Title Map

1 MARCUS CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 1 MARCUS 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 1 MARCUS 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 1 MARCUS CLOSE?

1 MARCUS CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 1 on MARCUS CLOSE.