2, FRIARS CLOSE, COLCHESTER, CO4 0SA - £249,950

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

2 FRIARS CLOSE is a very large extended detached house of 182m², built sometime between 1976 and 1982. It was last sold for £249,950 in November 2004, which was around 7% below the average November 2004 detached price in the Colchester local authority area. The most recent EPC inspection was November 2024, where the current energy rating was D, and the potential energy rating was B.

2 FRIARS CLOSE Sold Prices

Land registry data shows three sales for 2 FRIARS 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. Two of the three 2 FRIARS CLOSE sales were for below the average price, whilst one was 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
2004 19 NOV	£249,950	£267,685	7% below HPI
1997 11 JUN	£135,000	£95,840	41% above HPI
1996 3 MAY	£80,000	£89,086	10% below HPI

2 FRIARS 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 FRIARS CLOSE sales between May 1996 and November 2004 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 June 1997 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2004 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 FRIARS CLOSE?

2 FRIARS CLOSE is 182m², which includes three extensions, according to the EPC inspection conducted in November 2024. This puts it in the largest 10% 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 FRIARS CLOSE lies on this distribution: 92% of detached houses are smaller than 2 FRIARS CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 FRIARS CLOSE: Plot and Title Map

2 FRIARS CLOSE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 2 FRIARS 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 FRIARS 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 FRIARS CLOSE?

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