16, DALE CLOSE, STANWAY, COLCHESTER, CO3 0FG - £285,000

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

16 DALE CLOSE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £285,000 in February 2020, which was around 34% below the average February 2020 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.

16 DALE CLOSE Sold Prices

Land registry data shows three sales for 16 DALE 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 16 DALE 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
2020 24 FEB	£285,000	£428,922	34% below HPI
2018 23 JAN	£272,500	£432,750	37% below HPI
2014 10 APR	£216,000	£310,577	30% below HPI

16 DALE 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 16 DALE CLOSE sales between April 2014 and February 2020 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 January 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2020 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 16 DALE CLOSE?

16 DALE CLOSE is 74m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 16 DALE CLOSE lies on this distribution: 9% of detached houses are smaller than 16 DALE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 DALE CLOSE: Plot and Title Map

16 DALE CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 16 DALE 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 16 DALE 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 16 DALE CLOSE?

16 DALE CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 16 on DALE CLOSE.