2, CRANBORNE CLOSE, COLCHESTER, CO4 5UZ - £380,000

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

2 CRANBORNE CLOSE is a large detached house of 124m², built sometime between 1996 and 2002. It was last sold for £380,000 in January 2016, which was around 1% above the average January 2016 detached price in the Colchester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

2 CRANBORNE CLOSE Sold Prices

Land registry data shows three sales for 2 CRANBORNE 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 2 CRANBORNE CLOSE sales were for above 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
2016 20 JAN	£380,000	£377,002	1% above HPI
2012 27 SEP	£315,000	£288,729	9% above HPI
2001 19 NOV	£198,495	£176,209	13% above HPI

2 CRANBORNE 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 2 CRANBORNE CLOSE sales between November 2001 and January 2016 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 September 2012 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 CRANBORNE CLOSE?

2 CRANBORNE CLOSE is 124m² according to the EPC inspection conducted in March 2010. This puts it in the largest 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 2 CRANBORNE CLOSE lies on this distribution: 63% of detached houses are smaller than 2 CRANBORNE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 CRANBORNE CLOSE: Plot and Title Map

2 CRANBORNE CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 2 CRANBORNE 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 2 CRANBORNE 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 2 CRANBORNE CLOSE?

2 CRANBORNE CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 2 on CRANBORNE CLOSE.