8, PHILBRICK CLOSE, COLCHESTER, CO1 2GS - £306,000

8 PHILBRICK CLOSE is a large extended detached house of 128m², built sometime between 2003 and 2006. It was last sold for £306,000 in October 2017, which was around 29% below the average October 2017 detached price in the Colchester local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

8 PHILBRICK CLOSE Sold Prices

Land registry data shows two sales for 8 PHILBRICK 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. Both of the two 8 PHILBRICK 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
2017 30 OCT	£306,000	£433,691	29% below HPI
2004 29 OCT	£203,000	£264,165	23% below HPI

8 PHILBRICK 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 8 PHILBRICK CLOSE sales from October 2004 and October 2017 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 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 PHILBRICK CLOSE?

8 PHILBRICK CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 8 PHILBRICK CLOSE lies on this distribution: 67% of detached houses are smaller than 8 PHILBRICK CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 PHILBRICK CLOSE: Plot and Title Map

8 PHILBRICK CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 8 PHILBRICK 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 8 PHILBRICK 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 8 PHILBRICK CLOSE?

8 PHILBRICK CLOSE is located in COLCHESTER, in the CO1 postcode district. The below map shows the position of No. 8 on PHILBRICK CLOSE.