4, WEAVERS CLOSE, COLCHESTER, CO3 4LT - £340,000

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

4 WEAVERS CLOSE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £340,000 in October 2021, which was around 28% below the average October 2021 detached price in the Colchester local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

4 WEAVERS CLOSE Sold Prices

Land registry data shows three sales for 4 WEAVERS 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 4 WEAVERS 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 29 OCT	£340,000	£469,018	28% below HPI
2011 23 MAR	£195,000	£283,536	31% below HPI
1998 16 APR	£73,000	£107,269	32% below HPI

4 WEAVERS 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 4 WEAVERS CLOSE sales between April 1998 and October 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 March 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 4 WEAVERS CLOSE?

4 WEAVERS CLOSE is 63m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 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 4 WEAVERS CLOSE lies on this distribution: 3% of detached houses are smaller than 4 WEAVERS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 WEAVERS CLOSE: Plot and Title Map

4 WEAVERS CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 4 WEAVERS 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 WEAVERS 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 WEAVERS CLOSE?

4 WEAVERS CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 4 on WEAVERS CLOSE.