5, GRESLEY CLOSE, COLCHESTER, CO4 5WF - £269,000

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.

5 GRESLEY CLOSE is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £446,918. It was last sold for £269,000 in December 2013, which was around 11% below the average December 2013 detached price in the Colchester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

5 GRESLEY CLOSE Sold Prices

Land registry data shows one sale for 5 GRESLEY 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
2013 16 DEC	£269,000	£303,314	11% below HPI

What might 5 GRESLEY CLOSE be worth now?

5 GRESLEY CLOSE might now be worth an estimated £446,918.

This is based on house price inflation of 66.1%, between December 2013 and April 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 66.1% inflationary increase is applied to the most recent sale price for 5 GRESLEY CLOSE of £269,000 on 16th December 2013. For the value to have increased from £269,000 to £446,918 over the thirteen years and eight months to April 2026, the following assumptions must hold true:

• The value of 5 GRESLEY CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2013 sale price of £269,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRESLEY CLOSE has not materially changed since December 2013.

How Large is 5 GRESLEY CLOSE?

5 GRESLEY CLOSE is 97m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 5 GRESLEY CLOSE lies on this distribution: 34% of detached houses are smaller than 5 GRESLEY CLOSE, and 65% of detached houses are larger. Note that EPC data is not available for all properties in Colchester.

5 GRESLEY CLOSE: Plot

5 GRESLEY CLOSE sits on a plot of roughly 0.068 of an acre, or 275m².

Where is 5 GRESLEY CLOSE?

5 GRESLEY CLOSE is located in COLCHESTER, in the CO4 postcode district.