7, MADELEY CLOSE, COLCHESTER, CO2 9FL - £237,500

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.

7 MADELEY CLOSE is a large extended semi-detached house of 128m², built sometime from 2012 onwards, which could now be worth an estimated £386,873. It was last sold for £237,500 in May 2014, which was around 17% above the average May 2014 semi-detached price in the Colchester local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

7 MADELEY CLOSE Sold Prices

Land registry data shows two sales for 7 MADELEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 7 MADELEY 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
2014 21 MAY	£237,500	£203,667	17% above HPI
2012 30 NOV	£235,000	£185,611	27% above HPI

7 MADELEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 7 MADELEY CLOSE sales from November 2012 and May 2014 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 2012 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 7 MADELEY CLOSE be worth now?

7 MADELEY CLOSE might now be worth an estimated £386,873.

This is based on house price inflation of 62.9%, between May 2014 and May 2026, for semi-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 62.9% inflationary increase is applied to the most recent sale price for 7 MADELEY CLOSE of £237,500 on 21st May 2014. For the value to have increased from £237,500 to £386,873 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 7 MADELEY CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The May 2014 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MADELEY CLOSE has not materially changed since May 2014.

How Large is 7 MADELEY CLOSE?

7 MADELEY CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 20% of semi-detached houses houses in Berechurch, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Berechurch, and where 7 MADELEY CLOSE lies on this distribution: 79% of semi-detached houses houses are smaller than 7 MADELEY CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

7 MADELEY CLOSE: Plot and Title Map

7 MADELEY CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 7 MADELEY 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 7 MADELEY 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 7 MADELEY CLOSE?

7 MADELEY CLOSE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 7 on MADELEY CLOSE.