16, BALE CLOSE, COLCHESTER, CO3 9XP - £67,500

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.

16 BALE CLOSE is a very small semi-detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £313,530. It was last sold for £67,500 in May 1999, which was around 4% below the average May 1999 semi-detached price in the Colchester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

16 BALE CLOSE Sold Prices

Land registry data shows two sales for 16 BALE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 16 BALE 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
1999 21 MAY	£67,500	£70,590	4% below HPI
1996 29 NOV	£53,000	£57,152	7% below HPI

16 BALE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 16 BALE CLOSE sales from November 1996 and May 1999 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 November 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 1999 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 16 BALE CLOSE be worth now?

16 BALE CLOSE might now be worth an estimated £313,530.

This is based on house price inflation of 364.5%, between May 1999 and July 2025, for semi-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 364.5% inflationary increase is applied to the most recent sale price for 16 BALE CLOSE of £67,500 on 21st May 1999. For the value to have increased from £67,500 to £313,530 over the 25 years and ten months to July 2025, the following assumptions must hold true:

• The value of 16 BALE CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The May 1999 sale price of £67,500 represented a fair market value for the property.
• The size, condition, and specification of 16 BALE CLOSE has not materially changed since May 1999.

How Large is 16 BALE CLOSE?

16 BALE CLOSE is 68m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 16 BALE CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 16 BALE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 BALE CLOSE: Plot and Title Map

16 BALE CLOSE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 16 BALE 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 16 BALE 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 16 BALE CLOSE?

16 BALE CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 16 on BALE CLOSE.