1, JUBILEE CLOSE, STANWAY, COLCHESTER, CO3 0HN - £499,995

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.

1 JUBILEE CLOSE is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £514,621. It was last sold for £499,995 in January 2022, which was around 2% above the average January 2022 detached price in the Colchester local authority area. The most recent EPC inspection was December 2013, where the current energy rating was B, and the potential energy rating was A.

1 JUBILEE CLOSE Sold Prices

Land registry data shows three sales for 1 JUBILEE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. The three 1 JUBILEE CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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
2022 11 JAN	£499,995	£487,968	2% above HPI
2016 15 JUL	£362,500	£391,068	7% below HPI
2002 3 SEP	£215,000	£215,775	Close to HPI

1 JUBILEE 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 three 1 JUBILEE CLOSE sales between September 2002 and January 2022 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 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 JUBILEE CLOSE be worth now?

1 JUBILEE CLOSE might now be worth an estimated £514,621.

This is based on house price inflation of 2.9%, between January 2022 and February 2025, for 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 2.9% inflationary increase is applied to the most recent sale price for 1 JUBILEE CLOSE of £499,995 on 11th January 2022. For the value to have increased from £499,995 to £514,621 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 JUBILEE CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The January 2022 sale price of £499,995 represented a fair market value for the property.
• The size, condition, and specification of 1 JUBILEE CLOSE has not materially changed since January 2022.

How Large is 1 JUBILEE CLOSE?

1 JUBILEE CLOSE is 97m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 1 JUBILEE CLOSE lies on this distribution: 34% of detached houses houses are smaller than 1 JUBILEE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 JUBILEE CLOSE: Plot and Title Map

1 JUBILEE CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 1 JUBILEE 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 JUBILEE 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 JUBILEE CLOSE?

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