1, CORNFLOWER CLOSE, STANWAY, COLCHESTER, CO3 0SE - £284,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CORNFLOWER CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £284,000 in August 2016, which was around 29% below the average August 2016 detached price in the Colchester local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

1 CORNFLOWER CLOSE Sold Prices

Land registry data shows two sales for 1 CORNFLOWER 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 1 CORNFLOWER 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
2016 12 AUG	£284,000	£398,471	29% below HPI
2005 24 FEB	£223,000	£262,309	15% below HPI

1 CORNFLOWER 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 1 CORNFLOWER CLOSE sales from February 2005 and August 2016 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 February 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 CORNFLOWER CLOSE?

1 CORNFLOWER CLOSE is 77m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 1 CORNFLOWER CLOSE lies on this distribution: 11% of detached houses are smaller than 1 CORNFLOWER CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 CORNFLOWER CLOSE: Plot and Title Map

1 CORNFLOWER CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 1 CORNFLOWER 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 1 CORNFLOWER 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 1 CORNFLOWER CLOSE?

1 CORNFLOWER CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 1 on CORNFLOWER CLOSE.