78, GRATIAN CLOSE, HIGHWOODS, COLCHESTER, CO4 9EZ - £400,000

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

78 GRATIAN CLOSE is a midsized detached house of 116m², built sometime between 2003 and 2006. It was last sold for £400,000 in May 2019, which was around 7% below the average May 2019 detached price in the Colchester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

78 GRATIAN CLOSE Sold Prices

Land registry data shows three sales for 78 GRATIAN 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 78 GRATIAN 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
2019 7 MAY	£400,000	£429,757	7% below HPI
2012 28 FEB	£247,500	£283,490	13% below HPI
2004 30 SEP	£246,995	£263,131	6% below HPI

78 GRATIAN 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 78 GRATIAN CLOSE sales between September 2004 and May 2019 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 February 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 78 GRATIAN CLOSE?

78 GRATIAN CLOSE is 116m² according to the EPC inspection conducted in March 2011. 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 78 GRATIAN CLOSE lies on this distribution: 55% of detached houses are smaller than 78 GRATIAN CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Colchester.

78 GRATIAN CLOSE: Plot and Title Map

78 GRATIAN CLOSE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 78 GRATIAN 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 78 GRATIAN 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 78 GRATIAN CLOSE?

78 GRATIAN CLOSE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 78 on GRATIAN CLOSE.