3, WHITEBEAM CLOSE, MILE END, COLCHESTER, CO4 5HB - £386,000

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 WHITEBEAM CLOSE is a very large detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £437,598. It was last sold for £386,000 in October 2018, which was around 13% below the average October 2018 detached price in the Colchester local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

3 WHITEBEAM CLOSE Sold Prices

Land registry data shows three sales for 3 WHITEBEAM CLOSE 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. One of the three 3 WHITEBEAM CLOSE sales was for below the average price, whilst two 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
2018 19 OCT	£386,000	£441,206	13% below HPI
2009 29 MAY	£242,500	£231,061	5% above HPI
2001 27 JUL	£230,000	£163,793	40% above HPI

3 WHITEBEAM 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 three 3 WHITEBEAM CLOSE sales between July 2001 and October 2018 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 May 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 WHITEBEAM CLOSE be worth now?

3 WHITEBEAM CLOSE might now be worth an estimated £437,598.

This is based on house price inflation of 13.4%, between October 2018 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 13.4% inflationary increase is applied to the most recent sale price for 3 WHITEBEAM CLOSE of £386,000 on 19th October 2018. For the value to have increased from £386,000 to £437,598 over the seven years to October 2025, the following assumptions must hold true:

• The value of 3 WHITEBEAM CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2018 sale price of £386,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WHITEBEAM CLOSE has not materially changed since October 2018.

How Large is 3 WHITEBEAM CLOSE?

3 WHITEBEAM CLOSE is 163m² according to the EPC inspection conducted in February 2009. 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 WHITEBEAM CLOSE lies on this distribution: 87% of detached houses houses are smaller than 3 WHITEBEAM CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 WHITEBEAM CLOSE: Plot and Title Map

3 WHITEBEAM CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 3 WHITEBEAM 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 WHITEBEAM 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 WHITEBEAM CLOSE?

3 WHITEBEAM CLOSE is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 3 on WHITEBEAM CLOSE.