31, SALARY CLOSE, COLCHESTER, CO4 3HL - £305,000

31 SALARY CLOSE is a very small extended detached house of 65m², built sometime between 1967 and 1975. It was last sold for £305,000 in May 2017, which was around 27% below the average May 2017 detached price in the Colchester local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

31 SALARY CLOSE Sold Prices

Land registry data shows three sales for 31 SALARY 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. All of the three 31 SALARY 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
2017 26 MAY	£305,000	£416,527	27% below HPI
2004 3 SEP	£240,000	£263,131	9% below HPI
2000 22 MAY	£83,000	£141,661	41% below HPI

31 SALARY 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 31 SALARY CLOSE sales between May 2000 and May 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 September 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 31 SALARY CLOSE?

31 SALARY CLOSE is 65m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 31 SALARY CLOSE lies on this distribution: 4% of detached houses are smaller than 31 SALARY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Colchester.

31 SALARY CLOSE: Plot and Title Map

31 SALARY CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 31 SALARY 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 31 SALARY 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 31 SALARY CLOSE?

31 SALARY CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 31 on SALARY CLOSE.