16, CIRCUS SQUARE, COLCHESTER, CO2 7TG - £322,500

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 CIRCUS SQUARE is a large detached house of 126m², built sometime between 2003 and 2006, which could now be worth an estimated £372,894. It was last sold for £322,500 in October 2017, which was around 26% below the average October 2017 detached price in the Colchester local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

16 CIRCUS SQUARE Sold Prices

Land registry data shows three sales for 16 CIRCUS SQUARE 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 16 CIRCUS SQUARE 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 13 OCT	£322,500	£434,882	26% below HPI
2011 16 DEC	£205,000	£287,419	29% below HPI
2007 30 MAR	£270,000	£293,732	8% below HPI

16 CIRCUS SQUARE 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 16 CIRCUS SQUARE sales between March 2007 and October 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 December 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 16 CIRCUS SQUARE be worth now?

16 CIRCUS SQUARE might now be worth an estimated £372,894.

This is based on house price inflation of 15.6%, between October 2017 and May 2026, for 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 15.6% inflationary increase is applied to the most recent sale price for 16 CIRCUS SQUARE of £322,500 on 13th October 2017. For the value to have increased from £322,500 to £372,894 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 16 CIRCUS SQUARE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2017 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 16 CIRCUS SQUARE has not materially changed since October 2017.

How Large is 16 CIRCUS SQUARE?

16 CIRCUS SQUARE is 126m² according to the EPC inspection conducted in November 2022. This puts it in the largest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 16 CIRCUS SQUARE lies on this distribution: 64% of detached houses houses are smaller than 16 CIRCUS SQUARE, and 35% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 CIRCUS SQUARE: Plot and Title Map

16 CIRCUS SQUARE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 16 CIRCUS SQUARE, 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 CIRCUS SQUARE). 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 CIRCUS SQUARE?

16 CIRCUS SQUARE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 16 on CIRCUS SQUARE.