10, MILES CLOSE, STANWAY, COLCHESTER, CO3 0JB - £540,000

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 MILES CLOSE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £540,000 in May 2023, which was around 5% above the average May 2023 detached price in the Colchester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

10 MILES CLOSE Sold Prices

Land registry data shows three sales for 10 MILES 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. All of the three 10 MILES 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
2023 4 MAY	£540,000	£511,964	5% above HPI
2000 12 JUN	£189,950	£143,838	32% above HPI
1996 29 AUG	£125,000	£90,909	38% above HPI

10 MILES 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 10 MILES CLOSE sales between August 1996 and May 2023 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 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 10 MILES CLOSE?

10 MILES CLOSE is 130m² according to the EPC inspection conducted in February 2023. This puts it in the largest 40% 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 MILES CLOSE lies on this distribution: 68% of detached houses are smaller than 10 MILES CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Colchester.

10 MILES CLOSE: Plot and Title Map

10 MILES CLOSE sits on a plot of roughly 0.143 of an acre, or 581m². The below map shows the location of 10 MILES 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 MILES 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 MILES CLOSE?

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