4, JOHN HAMMOND CLOSE, COLCHESTER, CO2 8WT - £380,000

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.

4 JOHN HAMMOND CLOSE is a large detached house of 118m², built sometime from 2007 onwards, which could now be worth an estimated £389,955. It was last sold for £380,000 in March 2022, which was around 22% below the average March 2022 detached price in the Colchester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

4 JOHN HAMMOND CLOSE Sold Prices

Land registry data shows three sales for 4 JOHN HAMMOND 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 4 JOHN HAMMOND 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
2022 2 MAR	£380,000	£490,000	22% below HPI
2019 25 APR	£290,000	£434,343	33% below HPI
2007 27 JUL	£235,000	£304,668	23% below HPI

4 JOHN HAMMOND 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 4 JOHN HAMMOND CLOSE sales between July 2007 and March 2022 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 April 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 JOHN HAMMOND CLOSE be worth now?

4 JOHN HAMMOND CLOSE might now be worth an estimated £389,955.

This is based on house price inflation of 2.6%, between March 2022 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 2.6% inflationary increase is applied to the most recent sale price for 4 JOHN HAMMOND CLOSE of £380,000 on 2nd March 2022. For the value to have increased from £380,000 to £389,955 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 JOHN HAMMOND CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The March 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 4 JOHN HAMMOND CLOSE has not materially changed since March 2022.

How Large is 4 JOHN HAMMOND CLOSE?

4 JOHN HAMMOND CLOSE is 118m² according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Berechurch, and where 4 JOHN HAMMOND CLOSE lies on this distribution: 70% of detached houses houses are smaller than 4 JOHN HAMMOND CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

4 JOHN HAMMOND CLOSE: Plot and Title Map

4 JOHN HAMMOND CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 4 JOHN HAMMOND 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 4 JOHN HAMMOND 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 4 JOHN HAMMOND CLOSE?

4 JOHN HAMMOND CLOSE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 4 on JOHN HAMMOND CLOSE.