10, FRANCES CLOSE, WIVENHOE, COLCHESTER, CO7 9RP - £245,000

10 FRANCES CLOSE is a very small extended detached house of 66m², built sometime between 1976 and 1982. It was last sold for £245,000 in November 2018, which was around 44% below the average November 2018 detached price in the Colchester local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

10 FRANCES CLOSE Sold Prices

Land registry data shows three sales for 10 FRANCES 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 10 FRANCES 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
2018 28 NOV	£245,000	£437,007	44% below HPI
2016 1 MAR	£235,000	£373,797	37% below HPI
2000 18 JUL	£85,000	£145,428	42% below HPI

10 FRANCES 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 10 FRANCES CLOSE sales between July 2000 and November 2018 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 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 10 FRANCES CLOSE?

10 FRANCES CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 10 FRANCES CLOSE lies on this distribution: 6% of detached houses are smaller than 10 FRANCES CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

10 FRANCES CLOSE: Plot and Title Map

10 FRANCES CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 10 FRANCES 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 10 FRANCES 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 10 FRANCES CLOSE?

10 FRANCES CLOSE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 10 on FRANCES CLOSE.