9, GRATIAN CLOSE, HIGHWOODS, COLCHESTER, CO4 9EX - £352,500

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

9 GRATIAN CLOSE is a large detached house of 137m², built sometime between 2003 and 2006. It was last sold for £352,500 in March 2017, which was around 14% below the average March 2017 detached price in the Colchester local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

9 GRATIAN CLOSE Sold Prices

Land registry data shows three sales for 9 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 9 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
2017 29 MAR	£352,500	£411,549	14% below HPI
2009 15 OCT	£249,995	£266,955	6% below HPI
2003 28 NOV	£225,995	£238,979	5% below HPI

9 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 9 GRATIAN CLOSE sales between November 2003 and March 2017 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 October 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 9 GRATIAN CLOSE?

9 GRATIAN CLOSE is 137m² according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 9 GRATIAN CLOSE lies on this distribution: 73% of detached houses are smaller than 9 GRATIAN CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Colchester.

9 GRATIAN CLOSE: Plot and Title Map

9 GRATIAN CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 9 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 9 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 9 GRATIAN CLOSE?

9 GRATIAN CLOSE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 9 on GRATIAN CLOSE.