18, JAMES CLOSE, WIVENHOE, COLCHESTER, CO7 9EY - £75,000

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.

18 JAMES CLOSE is a very small flat of 24m², built sometime between 1983 and 1990, which could now be worth an estimated £78,173. It was last sold for £75,000 in July 2019, which was around 52% below the average July 2019 flat price in the Colchester local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

18 JAMES CLOSE Sold Prices

Land registry data shows six sales for 18 JAMES CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average flat price in the Colchester local authority area for the corresponding sale date. All of the six 18 JAMES 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
2019 5 JUL	£75,000	£156,521	52% below HPI
2011 30 AUG	£69,000	£108,941	37% below HPI
2007 2 MAY	£67,000	£126,679	47% below HPI
2004 30 JUN	£63,000	£108,052	42% below HPI
2002 29 MAY	£38,000	£72,259	47% below HPI
1995 20 JAN	£22,500	£37,576	40% below HPI

What might 18 JAMES CLOSE be worth now?

18 JAMES CLOSE might now be worth an estimated £78,173.

This is based on house price inflation of 4.2%, between July 2019 and March 2026, for flats, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% inflationary increase is applied to the most recent sale price for 18 JAMES CLOSE of £75,000 on 5th July 2019. For the value to have increased from £75,000 to £78,173 over the seven years and four months to March 2026, the following assumptions must hold true:

• The value of 18 JAMES CLOSE has moved in line with the HPI for flats in the Colchester local authority area.
• The July 2019 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 18 JAMES CLOSE has not materially changed since July 2019.

How Large is 18 JAMES CLOSE?

18 JAMES CLOSE is 24m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of flats in Wivenhoe, based on EPC data. 1% of flats are smaller than 18 JAMES CLOSE, and 93% of flats are larger. Note that EPC data is not available for all properties in Wivenhoe.

18 JAMES CLOSE: Plot

18 JAMES CLOSE sits on a plot of roughly 5.0 acres, or 20,037m².

Where is 18 JAMES CLOSE?

18 JAMES CLOSE is located in WIVENHOE, in the CO7 postcode district.