11, CLARA REEVE CLOSE, COLCHESTER, CO3 9XD - £390,000

11 CLARA REEVE CLOSE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £390,000 in June 2023, which was around 27% below the average June 2023 detached price in the Colchester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

11 CLARA REEVE CLOSE Sold Prices

Land registry data shows four sales for 11 CLARA REEVE 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. Most of the four 11 CLARA REEVE 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
2023 12 JUN	£390,000	£531,623	27% below HPI
2011 6 OCT	£234,000	£283,864	18% below HPI
1999 10 SEP	£125,000	£123,279	1% above HPI
1998 21 AUG	£95,000	£111,246	15% below HPI

11 CLARA REEVE 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 11 CLARA REEVE CLOSE sales between August 1998 and June 2023 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 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 11 CLARA REEVE CLOSE?

11 CLARA REEVE CLOSE is 96m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 11 CLARA REEVE CLOSE lies on this distribution: 33% of detached houses are smaller than 11 CLARA REEVE CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Colchester.

11 CLARA REEVE CLOSE: Plot and Title Map

11 CLARA REEVE CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 11 CLARA REEVE 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 11 CLARA REEVE 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 11 CLARA REEVE CLOSE?

11 CLARA REEVE CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 11 on CLARA REEVE CLOSE.