1, FRENSHAM CLOSE, STANWAY, COLCHESTER, CO3 0HP - £410,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FRENSHAM CLOSE is a small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £410,000 in February 2022, which was around 16% below the average February 2022 detached price in the Colchester local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

1 FRENSHAM CLOSE Sold Prices

Land registry data shows three sales for 1 FRENSHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 1 FRENSHAM 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
2022 3 FEB	£410,000	£485,508	16% below HPI
2010 21 MAY	£210,000	£284,031	26% below HPI
2006 26 MAY	£200,000	£279,792	29% below HPI

1 FRENSHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 1 FRENSHAM CLOSE sales between May 2006 and February 2022 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 May 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 FRENSHAM CLOSE?

1 FRENSHAM CLOSE is 93m² according to the EPC inspection conducted in December 2021. 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 1 FRENSHAM CLOSE lies on this distribution: 31% of detached houses are smaller than 1 FRENSHAM CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 FRENSHAM CLOSE: Plot and Title Map

1 FRENSHAM CLOSE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 1 FRENSHAM 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 1 FRENSHAM 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 1 FRENSHAM CLOSE?

1 FRENSHAM CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 1 on FRENSHAM CLOSE.