4, ROMULUS CLOSE, COLCHESTER, CO4 5LN - £268,000

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.

4 ROMULUS CLOSE is a very small extended detached house of 57m², built sometime between 1950 and 1966, which could now be worth an estimated £290,538. It was last sold for £268,000 in September 2021, which was around 42% below the average September 2021 detached price in the Colchester local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was B.

4 ROMULUS CLOSE Sold Prices

Land registry data shows one sale for 4 ROMULUS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Colchester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 10 SEP	£268,000	£463,831	42% below HPI

What might 4 ROMULUS CLOSE be worth now?

4 ROMULUS CLOSE might now be worth an estimated £290,538.

This is based on house price inflation of 8.4%, between September 2021 and May 2026, 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 8.4% inflationary increase is applied to the most recent sale price for 4 ROMULUS CLOSE of £268,000 on 10th September 2021. For the value to have increased from £268,000 to £290,538 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 4 ROMULUS CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2021 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ROMULUS CLOSE has not materially changed since September 2021.

How Large is 4 ROMULUS CLOSE?

4 ROMULUS CLOSE is 57m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 4 ROMULUS CLOSE lies on this distribution: 1% of detached houses are smaller than 4 ROMULUS CLOSE, and 98% of detached houses are larger. Note that EPC data is not available for all properties in Colchester.

4 ROMULUS CLOSE: Plot

4 ROMULUS CLOSE sits on a plot of roughly 0.090 of an acre, or 366m².

Where is 4 ROMULUS CLOSE?

4 ROMULUS CLOSE is located in COLCHESTER, in the CO4 postcode district.