11, STERLING CLOSE, COLCHESTER, CO3 9DP - £108,000

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.

11 STERLING CLOSE is a very small detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £486,250. It was last sold for £108,000 in August 1998, which was around 3% below the average August 1998 detached price in the Colchester local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

11 STERLING CLOSE Sold Prices

Land registry data shows two sales for 11 STERLING 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 11 STERLING 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
1998 27 AUG	£108,000	£111,552	3% below HPI
1995 4 AUG	£89,995	£90,912	1% below HPI

11 STERLING 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 11 STERLING CLOSE sales from August 1995 and August 1998 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 August 1995 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 1998 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 11 STERLING CLOSE be worth now?

11 STERLING CLOSE might now be worth an estimated £486,250.

This is based on house price inflation of 350.2%, between August 1998 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 350.2% inflationary increase is applied to the most recent sale price for 11 STERLING CLOSE of £108,000 on 27th August 1998. For the value to have increased from £108,000 to £486,250 over the 27 years and six months to February 2025, the following assumptions must hold true:

• The value of 11 STERLING CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 1998 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 11 STERLING CLOSE has not materially changed since August 1998.

How Large is 11 STERLING CLOSE?

11 STERLING CLOSE is 78m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% 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 11 STERLING CLOSE lies on this distribution: 11% of detached houses houses are smaller than 11 STERLING CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Colchester.

11 STERLING CLOSE: Plot and Title Map

11 STERLING CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 11 STERLING 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 11 STERLING 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 11 STERLING CLOSE?

11 STERLING CLOSE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 11 on STERLING CLOSE.