12, RUGOSA CLOSE, STANWAY, COLCHESTER, CO3 0HQ - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 RUGOSA CLOSE is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £360,000 in August 2018, which was around 17% below the average August 2018 detached price in the Colchester local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

12 RUGOSA CLOSE Sold Prices

Land registry data shows two sales for 12 RUGOSA 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 12 RUGOSA 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
2018 31 AUG	£360,000	£436,122	17% below HPI
2017 10 APR	£155,000	£418,366	63% below HPI

12 RUGOSA 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 12 RUGOSA CLOSE sales from April 2017 and August 2018 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 April 2017 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the August 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 12 RUGOSA CLOSE?

12 RUGOSA CLOSE is 80m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 12 RUGOSA CLOSE lies on this distribution: 13% of detached houses are smaller than 12 RUGOSA CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 RUGOSA CLOSE: Plot and Title Map

12 RUGOSA CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 12 RUGOSA 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 12 RUGOSA 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 12 RUGOSA CLOSE?

12 RUGOSA CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 12 on RUGOSA CLOSE.