10, MARRAM CLOSE, STANWAY, COLCHESTER, CO3 0PJ - £247,000

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

10 MARRAM CLOSE is a midsized detached house of 105m², built sometime between 1976 and 1982. It was last sold for £247,000 in April 2014, which was around 20% below the average April 2014 detached price in the Colchester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

10 MARRAM CLOSE Sold Prices

Land registry data shows two sales for 10 MARRAM 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 10 MARRAM 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
2014 30 APR	£247,000	£310,577	20% below HPI
2012 25 SEP	£230,000	£288,729	20% below HPI

10 MARRAM 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 10 MARRAM CLOSE sales from September 2012 and April 2014 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 September 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2014 sale, which was also at 20% below the HPI.

How Large is 10 MARRAM CLOSE?

10 MARRAM CLOSE is 105m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 10 MARRAM CLOSE lies on this distribution: 43% of detached houses are smaller than 10 MARRAM CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Colchester.

10 MARRAM CLOSE: Plot and Title Map

10 MARRAM CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 10 MARRAM 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 10 MARRAM 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 10 MARRAM CLOSE?

10 MARRAM CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 10 on MARRAM CLOSE.