12, FREEMAN CLOSE, COLCHESTER, CO4 5FJ - £325,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

12 FREEMAN CLOSE is a small semi-detached house of 101m², built sometime between 2003 and 2006. It was last sold for £325,000 in August 2022, which was around 36% below the average August 2022 detached price in the Colchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

12 FREEMAN CLOSE Sold Prices

Land registry data shows three sales for 12 FREEMAN 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 12 FREEMAN 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 23 AUG	£325,000	£511,451	36% below HPI
2012 16 MAR	£167,500	£282,204	41% below HPI
2005 16 DEC	£185,000	£271,084	32% below HPI

12 FREEMAN 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 12 FREEMAN CLOSE sales between December 2005 and August 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 March 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2022 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 12 FREEMAN CLOSE?

12 FREEMAN CLOSE is 101m² according to the EPC inspection conducted in March 2022. 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 12 FREEMAN CLOSE lies on this distribution: 38% of detached houses are smaller than 12 FREEMAN CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 FREEMAN CLOSE: Plot and Title Map

12 FREEMAN CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 12 FREEMAN 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 12 FREEMAN 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 12 FREEMAN CLOSE?

12 FREEMAN CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 12 on FREEMAN CLOSE.