15, GRATIAN CLOSE, HIGHWOODS, COLCHESTER, CO4 9EX - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 GRATIAN CLOSE is a large extended terraced house of 123m², built sometime between 2003 and 2006, which could now be worth an estimated £385,631. It was last sold for £380,000 in November 2024, which was around 45% above the average November 2024 terraced price in the Colchester local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

15 GRATIAN CLOSE Sold Prices

Land registry data shows four sales for 15 GRATIAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. All of the four 15 GRATIAN CLOSE sales were for above 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
2024 22 NOV	£380,000	£262,572	45% above HPI
2015 2 JUL	£285,000	£182,812	56% above HPI
2011 5 AUG	£233,000	£149,869	55% above HPI
2003 23 DEC	£178,595	£117,714	52% above HPI

15 GRATIAN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The four 15 GRATIAN CLOSE sales between December 2003 and November 2024 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 July 2015 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the November 2024 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 15 GRATIAN CLOSE be worth now?

15 GRATIAN CLOSE might now be worth an estimated £385,631.

This is based on house price inflation of 1.5%, between November 2024 and October 2025, for terraced houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for 15 GRATIAN CLOSE of £380,000 on 22nd November 2024. For the value to have increased from £380,000 to £385,631 over the one year and one month to October 2025, the following assumptions must hold true:

• The value of 15 GRATIAN CLOSE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The November 2024 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GRATIAN CLOSE has not materially changed since November 2024.

How Large is 15 GRATIAN CLOSE?

15 GRATIAN CLOSE is 123m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 40% of terraced houses houses in Colchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colchester, and where 15 GRATIAN CLOSE lies on this distribution: 62% of terraced houses houses are smaller than 15 GRATIAN CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Colchester.

15 GRATIAN CLOSE: Plot and Title Map

15 GRATIAN CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 15 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 15 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 15 GRATIAN CLOSE?

15 GRATIAN CLOSE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 15 on GRATIAN CLOSE.