2, FRIARS CLOSE, WIVENHOE, COLCHESTER, CO7 9NW - £298,000

2 FRIARS CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £298,000 in January 2018, which was around 31% below the average January 2018 detached price in the Colchester local authority area. The most recent EPC inspection was July 2009, where the current energy rating was F, and the potential energy rating was D.

2 FRIARS CLOSE Sold Prices

Land registry data shows two sales for 2 FRIARS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 2 FRIARS 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 26 JAN	£298,000	£432,750	31% below HPI
2011 25 MAR	£210,000	£283,536	26% below HPI

2 FRIARS 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 two 2 FRIARS CLOSE sales from March 2011 and January 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 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 FRIARS CLOSE?

2 FRIARS CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 50% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 2 FRIARS CLOSE lies on this distribution: 54% of detached houses are smaller than 2 FRIARS CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

2 FRIARS CLOSE: Plot and Title Map

2 FRIARS CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 2 FRIARS 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 2 FRIARS 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 2 FRIARS CLOSE?

2 FRIARS CLOSE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 2 on FRIARS CLOSE.