4, FRANCES CLOSE, WIVENHOE, COLCHESTER, CO7 9RP - £375,000

4 FRANCES CLOSE is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £375,000 in November 2019, which was around 13% below the average November 2019 detached price in the Colchester local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

4 FRANCES CLOSE Sold Prices

Land registry data shows four sales for 4 FRANCES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 4 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
2019 13 NOV	£375,000	£429,099	13% below HPI
2004 28 OCT	£243,500	£264,165	8% below HPI
2001 3 MAY	£148,000	£156,204	5% below HPI
1998 2 OCT	£97,500	£112,898	14% below HPI

4 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 four 4 FRANCES CLOSE sales between October 1998 and November 2019 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 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 FRANCES CLOSE?

4 FRANCES CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 4 FRANCES CLOSE lies on this distribution: 66% of detached houses are smaller than 4 FRANCES CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

4 FRANCES CLOSE: Plot and Title Map

4 FRANCES CLOSE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 4 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 4 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 4 FRANCES CLOSE?

4 FRANCES CLOSE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 4 on FRANCES CLOSE.