7, TRIUMPH CLOSE, COLCHESTER, CO4 3GG - £330,000

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.

7 TRIUMPH CLOSE is a small extended detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £323,989. It was last sold for £330,000 in July 2022, which was around 35% below the average July 2022 detached price in the Colchester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

7 TRIUMPH CLOSE Sold Prices

Land registry data shows three sales for 7 TRIUMPH 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 7 TRIUMPH 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 19 JUL	£330,000	£509,464	35% below HPI
2011 30 SEP	£220,000	£284,848	23% below HPI
2003 5 SEP	£192,500	£237,955	19% below HPI

7 TRIUMPH 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 7 TRIUMPH CLOSE sales between September 2003 and July 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 September 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 7 TRIUMPH CLOSE be worth now?

7 TRIUMPH CLOSE might now be worth an estimated £323,989.

This is based on house price deflation of 1.8%, between July 2022 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 1.8% deflationary decrease is applied to the most recent sale price for 7 TRIUMPH CLOSE of £330,000 on 19th July 2022. For the value to have decreased from £330,000 to £323,989 over the two years and nine months to October 2025, the following assumptions must hold true:

• The value of 7 TRIUMPH CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The July 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TRIUMPH CLOSE has not materially changed since July 2022.

How Large is 7 TRIUMPH CLOSE?

7 TRIUMPH CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% 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 7 TRIUMPH CLOSE lies on this distribution: 39% of detached houses houses are smaller than 7 TRIUMPH CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 TRIUMPH CLOSE: Plot and Title Map

7 TRIUMPH CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 7 TRIUMPH 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 TRIUMPH 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 TRIUMPH CLOSE?

7 TRIUMPH CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 7 on TRIUMPH CLOSE.