3, THRACIAN CLOSE, COLCHESTER, CO2 9RN - £223,000

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

3 THRACIAN CLOSE is a small extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £223,000 in June 2013, which was around 23% below the average June 2013 detached price in the Colchester local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

3 THRACIAN CLOSE Sold Prices

Land registry data shows two sales for 3 THRACIAN 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 3 THRACIAN 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
2013 7 JUN	£223,000	£288,622	23% below HPI
1999 14 MAY	£82,500	£113,788	27% below HPI

3 THRACIAN 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 3 THRACIAN CLOSE sales from May 1999 and June 2013 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 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2013 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 THRACIAN CLOSE?

3 THRACIAN CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in April 2013. 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 3 THRACIAN CLOSE lies on this distribution: 32% of detached houses are smaller than 3 THRACIAN CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 THRACIAN CLOSE: Plot and Title Map

3 THRACIAN CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 THRACIAN 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 3 THRACIAN 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 3 THRACIAN CLOSE?

3 THRACIAN CLOSE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 3 on THRACIAN CLOSE.