8, SPRING CLOSE, HIGHWOODS, COLCHESTER, CO4 9TN - £340,000

8 SPRING CLOSE is a very large extended detached house of 173m², built sometime between 1996 and 2002. It was last sold for £340,000 in April 2003, which was around 49% above the average April 2003 detached price in the Colchester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

8 SPRING CLOSE Sold Prices

Land registry data shows three sales for 8 SPRING 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 8 SPRING 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
2003 4 APR	£340,000	£228,017	49% above HPI
2001 12 JUL	£285,000	£163,344	74% above HPI
1999 20 AUG	£199,950	£122,586	63% above HPI

8 SPRING 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 8 SPRING CLOSE sales between August 1999 and April 2003 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 July 2001 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the April 2003 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 8 SPRING CLOSE?

8 SPRING CLOSE is 173m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 20% 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 SPRING CLOSE lies on this distribution: 89% of detached houses are smaller than 8 SPRING CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 SPRING CLOSE: Plot and Title Map

8 SPRING CLOSE sits on a plot of roughly 0.207 of an acre, or 839m². The below map shows the location of 8 SPRING 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 SPRING 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 SPRING CLOSE?

8 SPRING CLOSE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 8 on SPRING CLOSE.