29, CLEVELAND CLOSE, HIGHWOODS, COLCHESTER, CO4 9RD - £140,000

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.

29 CLEVELAND CLOSE is a very small terraced house of 45m², built sometime between 1976 and 1982, which could now be worth an estimated £195,009. It was last sold for £140,000 in October 2015, which was around 26% below the average October 2015 terraced price in the Colchester local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was A.

29 CLEVELAND CLOSE Sold Prices

Land registry data shows five sales for 29 CLEVELAND CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. All of the five 29 CLEVELAND 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
2015 1 OCT	£140,000	£189,274	26% below HPI
2014 21 FEB	£125,000	£160,712	22% below HPI
2006 8 FEB	£119,500	£147,355	19% below HPI
2005 28 JUL	£100,000	£141,803	29% below HPI
1997 28 FEB	£32,000	£44,079	27% below HPI

29 CLEVELAND CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The five 29 CLEVELAND CLOSE sales between February 1997 and October 2015 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 February 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 29 CLEVELAND CLOSE be worth now?

29 CLEVELAND CLOSE might now be worth an estimated £195,009.

This is based on house price inflation of 39.3%, between October 2015 and July 2025, for terraced 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 39.3% inflationary increase is applied to the most recent sale price for 29 CLEVELAND CLOSE of £140,000 on 1st October 2015. For the value to have increased from £140,000 to £195,009 over the ten years and three months to July 2025, the following assumptions must hold true:

• The value of 29 CLEVELAND CLOSE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The October 2015 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 29 CLEVELAND CLOSE has not materially changed since October 2015.

How Large is 29 CLEVELAND CLOSE?

29 CLEVELAND CLOSE is 45m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of terraced houses houses in Colchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colchester, and where 29 CLEVELAND CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 29 CLEVELAND CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

29 CLEVELAND CLOSE: Plot and Title Map

29 CLEVELAND CLOSE sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 29 CLEVELAND 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 29 CLEVELAND 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 29 CLEVELAND CLOSE?

29 CLEVELAND CLOSE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 29 on CLEVELAND CLOSE.