45, CLEVELAND CLOSE, HIGHWOODS, COLCHESTER, CO4 9RD - £155,000

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.

45 CLEVELAND CLOSE is a very small terraced house of 44m², built sometime between 1983 and 1990, which could now be worth an estimated £182,547. It was last sold for £155,000 in September 2020, which was around 31% below the average September 2020 terraced price in the Colchester local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

45 CLEVELAND CLOSE Sold Prices

Land registry data shows three sales for 45 CLEVELAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. All of the three 45 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
2020 25 SEP	£155,000	£223,859	31% below HPI
2016 28 OCT	£132,500	£212,353	38% below HPI
2007 28 JUN	£123,500	£163,190	24% below HPI

45 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 three 45 CLEVELAND CLOSE sales between June 2007 and September 2020 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 October 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 45 CLEVELAND CLOSE be worth now?

45 CLEVELAND CLOSE might now be worth an estimated £182,547.

This is based on house price inflation of 17.8%, between September 2020 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 17.8% inflationary increase is applied to the most recent sale price for 45 CLEVELAND CLOSE of £155,000 on 25th September 2020. For the value to have increased from £155,000 to £182,547 over the five years and two months to July 2025, the following assumptions must hold true:

• The value of 45 CLEVELAND CLOSE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The September 2020 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 45 CLEVELAND CLOSE has not materially changed since September 2020.

How Large is 45 CLEVELAND CLOSE?

45 CLEVELAND CLOSE is 44m² according to the EPC inspection conducted in September 2016. 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 45 CLEVELAND CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 45 CLEVELAND CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

45 CLEVELAND CLOSE: Plot and Title Map

45 CLEVELAND CLOSE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 45 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 45 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 45 CLEVELAND CLOSE?

45 CLEVELAND CLOSE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 45 on CLEVELAND CLOSE.