5, SCRIVENER CLOSE, COLCHESTER, CO4 5ZL - £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.

5 SCRIVENER CLOSE is a midsized detached house of 120m², built sometime between 2007 and 2011, which could now be worth an estimated £414,945. It was last sold for £380,000 in December 2020, which was around 17% below the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

5 SCRIVENER CLOSE Sold Prices

Land registry data shows two sales for 5 SCRIVENER 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. One of the two 5 SCRIVENER CLOSE sales was for below the average price, whilst the other was 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
2020 10 DEC	£380,000	£458,060	17% below HPI
2007 30 NOV	£315,000	£304,514	3% above HPI

5 SCRIVENER 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 5 SCRIVENER CLOSE sales from November 2007 and December 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 November 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 5 SCRIVENER CLOSE be worth now?

5 SCRIVENER CLOSE might now be worth an estimated £414,945.

This is based on house price inflation of 9.2%, between December 2020 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 9.2% inflationary increase is applied to the most recent sale price for 5 SCRIVENER CLOSE of £380,000 on 10th December 2020. For the value to have increased from £380,000 to £414,945 over the five years and two months to October 2025, the following assumptions must hold true:

• The value of 5 SCRIVENER CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SCRIVENER CLOSE has not materially changed since December 2020.

How Large is 5 SCRIVENER CLOSE?

5 SCRIVENER CLOSE is 120m² according to the EPC inspection conducted in October 2020. This puts it in the largest 50% 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 5 SCRIVENER CLOSE lies on this distribution: 59% of detached houses houses are smaller than 5 SCRIVENER CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 SCRIVENER CLOSE: Plot and Title Map

5 SCRIVENER CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 5 SCRIVENER 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 5 SCRIVENER 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 5 SCRIVENER CLOSE?

5 SCRIVENER CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 5 on SCRIVENER CLOSE.