5, THRACIAN CLOSE, COLCHESTER, CO2 9RN - £397,500

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

5 THRACIAN CLOSE is a small extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £397,500 in August 2021, which was around 13% below the average August 2021 detached price in the Colchester local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

5 THRACIAN CLOSE Sold Prices

Land registry data shows three sales for 5 THRACIAN 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 5 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 16 AUG	£397,500	£456,042	13% below HPI
2017 5 APR	£362,500	£418,366	13% below HPI
1997 28 FEB	£79,950	£91,601	13% below HPI

5 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 three 5 THRACIAN CLOSE sales between February 1997 and August 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 April 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2021 sale, which was also at 13% below the HPI.

How Large is 5 THRACIAN CLOSE?

5 THRACIAN CLOSE is 101m², which includes two extensions, according to the EPC inspection conducted in November 2016. 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 5 THRACIAN CLOSE lies on this distribution: 38% of detached houses are smaller than 5 THRACIAN CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 THRACIAN CLOSE: Plot and Title Map

5 THRACIAN CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 5 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 5 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 5 THRACIAN CLOSE?

5 THRACIAN CLOSE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 5 on THRACIAN CLOSE.