27, GRATIAN CLOSE, HIGHWOODS, COLCHESTER, CO4 9EX - £312,500

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.

27 GRATIAN CLOSE is a large extended semi-detached house of 122m², built sometime between 2003 and 2006, which could now be worth an estimated £374,565. It was last sold for £312,500 in January 2020, which was around 13% above the average January 2020 semi-detached price in the Colchester local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

27 GRATIAN CLOSE Sold Prices

Land registry data shows five sales for 27 GRATIAN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the five 27 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
2020 24 JAN	£312,500	£276,903	13% above HPI
2012 1 JUN	£217,000	£183,897	18% above HPI
2007 5 JAN	£225,000	£195,442	15% above HPI
2005 11 NOV	£205,000	£176,680	16% above HPI
2004 28 APR	£185,245	£162,798	14% above HPI

27 GRATIAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The five 27 GRATIAN CLOSE sales between April 2004 and January 2020 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 June 2012 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 27 GRATIAN CLOSE be worth now?

27 GRATIAN CLOSE might now be worth an estimated £374,565.

This is based on house price inflation of 19.9%, between January 2020 and October 2025, for semi-detached 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 19.9% inflationary increase is applied to the most recent sale price for 27 GRATIAN CLOSE of £312,500 on 24th January 2020. For the value to have increased from £312,500 to £374,565 over the four years and three months to October 2025, the following assumptions must hold true:

• The value of 27 GRATIAN CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The January 2020 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 27 GRATIAN CLOSE has not materially changed since January 2020.

How Large is 27 GRATIAN CLOSE?

27 GRATIAN CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 40% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 27 GRATIAN CLOSE lies on this distribution: 61% of semi-detached houses houses are smaller than 27 GRATIAN CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Colchester.

27 GRATIAN CLOSE: Plot and Title Map

27 GRATIAN CLOSE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 27 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 27 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 27 GRATIAN CLOSE?

27 GRATIAN CLOSE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 27 on GRATIAN CLOSE.