20, FREEMAN CLOSE, COLCHESTER, CO4 5FJ - £303,500

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

20 FREEMAN CLOSE is a midsized extended detached house of 119m², built sometime between 2003 and 2006. It was last sold for £303,500 in December 2020, which was around 34% below the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

20 FREEMAN CLOSE Sold Prices

Land registry data shows two sales for 20 FREEMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 20 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
2020 18 DEC	£303,500	£456,805	34% below HPI
2005 25 NOV	£239,950	£268,424	11% below HPI

20 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 two 20 FREEMAN CLOSE sales from November 2005 and December 2020 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 November 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 20 FREEMAN CLOSE?

20 FREEMAN CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 20 FREEMAN CLOSE lies on this distribution: 58% of detached houses are smaller than 20 FREEMAN CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Colchester.

20 FREEMAN CLOSE: Plot and Title Map

20 FREEMAN CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 20 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 20 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 20 FREEMAN CLOSE?

20 FREEMAN CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 20 on FREEMAN CLOSE.