10, STABLE CLOSE, WEST MERSEA, COLCHESTER, CO5 8HP - £236,000

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.

10 STABLE CLOSE is a very small extended detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £413,772. It was last sold for £236,000 in August 2011, which was around 18% below the average August 2011 detached price in the Colchester local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

10 STABLE CLOSE Sold Prices

Land registry data shows two sales for 10 STABLE 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 STABLE 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
2011 24 AUG	£236,000	£286,460	18% below HPI
1998 20 NOV	£81,500	£112,678	28% below HPI

10 STABLE 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 STABLE CLOSE sales from November 1998 and August 2011 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 November 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2011 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 10 STABLE CLOSE be worth now?

10 STABLE CLOSE might now be worth an estimated £413,772.

This is based on house price inflation of 75.3%, between August 2011 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 75.3% inflationary increase is applied to the most recent sale price for 10 STABLE CLOSE of £236,000 on 24th August 2011. For the value to have increased from £236,000 to £413,772 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 10 STABLE CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2011 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 10 STABLE CLOSE has not materially changed since August 2011.

How Large is 10 STABLE CLOSE?

10 STABLE CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Mersea, and where 10 STABLE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 10 STABLE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

10 STABLE CLOSE: Plot and Title Map

10 STABLE CLOSE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 10 STABLE 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 STABLE 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 STABLE CLOSE?

10 STABLE CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 10 on STABLE CLOSE.