4, THRACIAN CLOSE, COLCHESTER, CO2 9RN - £430,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 THRACIAN CLOSE is a midsized detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £486,420. It was last sold for £430,000 in February 2021, which was around 3% below the average February 2021 detached price in the Colchester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

4 THRACIAN CLOSE Sold Prices

Land registry data shows four sales for 4 THRACIAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the four 4 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
2021 25 FEB	£430,000	£443,987	3% below HPI
2002 7 MAY	£181,000	£188,108	4% below HPI
2001 28 JUN	£158,500	£159,807	1% below HPI
1997 21 OCT	£110,950	£100,166	11% above HPI

4 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 four 4 THRACIAN CLOSE sales between October 1997 and February 2021 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 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 4 THRACIAN CLOSE be worth now?

4 THRACIAN CLOSE might now be worth an estimated £486,420.

This is based on house price inflation of 13.1%, between February 2021 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for 4 THRACIAN CLOSE of £430,000 on 25th February 2021. For the value to have increased from £430,000 to £486,420 over the four years to February 2025, the following assumptions must hold true:

• The value of 4 THRACIAN CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THRACIAN CLOSE has not materially changed since February 2021.

How Large is 4 THRACIAN CLOSE?

4 THRACIAN CLOSE is 110m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 4 THRACIAN CLOSE lies on this distribution: 48% of detached houses houses are smaller than 4 THRACIAN CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 THRACIAN CLOSE: Plot and Title Map

4 THRACIAN CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 4 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 4 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 4 THRACIAN CLOSE?

4 THRACIAN CLOSE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 4 on THRACIAN CLOSE.