3, BULLACE CLOSE, COLCHESTER, CO4 0YP - £540,000

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.

3 BULLACE CLOSE is a very large detached house of 164m², built sometime between 1967 and 1975, which could now be worth an estimated £557,203. It was last sold for £540,000 in December 2021, which was around 11% above the average December 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

3 BULLACE CLOSE Sold Prices

Land registry data shows two sales for 3 BULLACE 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 3 BULLACE CLOSE sales were for above 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
2021 9 DEC	£540,000	£484,741	11% above HPI
1996 25 JUL	£150,000	£91,612	64% above HPI

3 BULLACE 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 3 BULLACE CLOSE sales from July 1996 and December 2021 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 1996 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the December 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 BULLACE CLOSE be worth now?

3 BULLACE CLOSE might now be worth an estimated £557,203.

This is based on house price inflation of 3.2%, between December 2021 and October 2025, 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 3.2% inflationary increase is applied to the most recent sale price for 3 BULLACE CLOSE of £540,000 on 9th December 2021. For the value to have increased from £540,000 to £557,203 over the four years and two months to October 2025, the following assumptions must hold true:

• The value of 3 BULLACE CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2021 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BULLACE CLOSE has not materially changed since December 2021.

How Large is 3 BULLACE CLOSE?

3 BULLACE CLOSE is 164m² according to the EPC inspection conducted in July 2021. This puts it in the largest 20% 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 3 BULLACE CLOSE lies on this distribution: 87% of detached houses houses are smaller than 3 BULLACE CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 BULLACE CLOSE: Plot and Title Map

3 BULLACE CLOSE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 3 BULLACE 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 3 BULLACE 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 3 BULLACE CLOSE?

3 BULLACE CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 3 on BULLACE CLOSE.