1, PIER CLOSE, COLCHESTER, CO2 9FW - £305,000

1 PIER CLOSE is a midsized detached house of 102m². It was last sold for £305,000 in August 2016, which was around 23% below the average August 2016 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 A.

1 PIER CLOSE Sold Prices

Land registry data shows two sales for 1 PIER 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. Both of the two 1 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
2016 16 AUG	£305,000	£398,471	23% below HPI
2014 1 JUL	£280,000	£320,393	13% below HPI

1 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 two 1 PIER CLOSE sales from July 2014 and August 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 July 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 PIER CLOSE?

1 PIER CLOSE is 102m² according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 1 PIER CLOSE lies on this distribution: 46% of detached houses are smaller than 1 PIER CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

1 PIER CLOSE: Plot and Title Map

1 PIER CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 1 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 1 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 1 PIER CLOSE?

1 PIER CLOSE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 1 on PIER CLOSE.