9, ROMULUS CLOSE, COLCHESTER, CO4 5LN - £155,000

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.

9 ROMULUS CLOSE is a very small semi-detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £274,279. It was last sold for £155,000 in August 2012, which was around 17% below the average August 2012 semi-detached price in the Colchester local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

9 ROMULUS CLOSE Sold Prices

Land registry data shows one sale for 9 ROMULUS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2012 17 AUG	£155,000	£187,484	17% below HPI

What might 9 ROMULUS CLOSE be worth now?

9 ROMULUS CLOSE might now be worth an estimated £274,279.

This is based on house price inflation of 77%, between August 2012 and May 2026, for semi-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 77% inflationary increase is applied to the most recent sale price for 9 ROMULUS CLOSE of £155,000 on 17th August 2012. For the value to have increased from £155,000 to £274,279 over the fourteen years and three months to May 2026, the following assumptions must hold true:

• The value of 9 ROMULUS CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The August 2012 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ROMULUS CLOSE has not materially changed since August 2012.

How Large is 9 ROMULUS CLOSE?

9 ROMULUS CLOSE is 56m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of semi-detached houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Colchester, and where 9 ROMULUS CLOSE lies on this distribution: 5% of semi-detached houses are smaller than 9 ROMULUS CLOSE, and 94% of semi-detached houses are larger. Note that EPC data is not available for all properties in Colchester.

9 ROMULUS CLOSE: Plot

9 ROMULUS CLOSE sits on a plot of roughly 0.106 of an acre, or 427m².

Where is 9 ROMULUS CLOSE?

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