88, CLEVELAND CLOSE, HIGHWOODS, COLCHESTER, CO4 9RS - £119,950

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.

88 CLEVELAND CLOSE is a very small terraced house of 45m², built sometime between 1983 and 1990, which could now be worth an estimated £231,714. It was last sold for £119,950 in February 2005, which was around 12% below the average February 2005 terraced price in the Colchester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was A.

88 CLEVELAND CLOSE Sold Prices

Land registry data shows three sales for 88 CLEVELAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. All of the three 88 CLEVELAND 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
2005 28 FEB	£119,950	£136,479	12% below HPI
2000 19 DEC	£53,000	£69,846	24% below HPI
1995 2 JUN	£38,000	£44,477	15% below HPI

88 CLEVELAND 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 three 88 CLEVELAND CLOSE sales between June 1995 and February 2005 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 December 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2005 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 88 CLEVELAND CLOSE be worth now?

88 CLEVELAND CLOSE might now be worth an estimated £231,714.

This is based on house price inflation of 93.2%, between February 2005 and July 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 93.2% inflationary increase is applied to the most recent sale price for 88 CLEVELAND CLOSE of £119,950 on 28th February 2005. For the value to have increased from £119,950 to £231,714 over the nineteen years and seven months to July 2025, the following assumptions must hold true:

• The value of 88 CLEVELAND CLOSE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The February 2005 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 88 CLEVELAND CLOSE has not materially changed since February 2005.

How Large is 88 CLEVELAND CLOSE?

88 CLEVELAND CLOSE is 45m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% 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 88 CLEVELAND CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 88 CLEVELAND CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

88 CLEVELAND CLOSE: Plot and Title Map

88 CLEVELAND CLOSE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 88 CLEVELAND 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 88 CLEVELAND 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 88 CLEVELAND CLOSE?

88 CLEVELAND CLOSE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 88 on CLEVELAND CLOSE.