66, JEFFERSON CLOSE, COLCHESTER, CO3 9DR - £305,000

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.

66 JEFFERSON CLOSE is a small terraced house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £352,096. It was last sold for £305,000 in October 2020, which was around 32% above the average October 2020 terraced price in the Colchester local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

66 JEFFERSON CLOSE Sold Prices

Land registry data shows five sales for 66 JEFFERSON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. All of the five 66 JEFFERSON CLOSE sales 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
2020 16 OCT	£305,000	£230,821	32% above HPI
2013 11 NOV	£225,000	£158,922	42% above HPI
2009 21 JUL	£200,000	£135,062	48% above HPI
2007 22 OCT	£232,500	£164,019	42% above HPI
2003 16 OCT	£195,000	£113,922	71% above HPI

66 JEFFERSON 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 five 66 JEFFERSON CLOSE sales between October 2003 and October 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 2013 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 66 JEFFERSON CLOSE be worth now?

66 JEFFERSON CLOSE might now be worth an estimated £352,096.

This is based on house price inflation of 15.4%, between October 2020 and October 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 15.4% inflationary increase is applied to the most recent sale price for 66 JEFFERSON CLOSE of £305,000 on 16th October 2020. For the value to have increased from £305,000 to £352,096 over the five years to October 2025, the following assumptions must hold true:

• The value of 66 JEFFERSON CLOSE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The October 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 66 JEFFERSON CLOSE has not materially changed since October 2020.

How Large is 66 JEFFERSON CLOSE?

66 JEFFERSON CLOSE is 93m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% 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 66 JEFFERSON CLOSE lies on this distribution: 30% of terraced houses houses are smaller than 66 JEFFERSON CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Colchester.

66 JEFFERSON CLOSE: Plot and Title Map

66 JEFFERSON CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 66 JEFFERSON 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 66 JEFFERSON 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 66 JEFFERSON CLOSE?

66 JEFFERSON CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 66 on JEFFERSON CLOSE.