16, LUCY CLOSE, STANWAY, COLCHESTER, CO3 0HX - £327,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

16 LUCY CLOSE is a very small semi-detached house of 69m², built sometime between 1950 and 1966. It was last sold for £327,000 in September 2022, which was around 36% below the average September 2022 detached price in the Colchester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was A.

16 LUCY CLOSE Sold Prices

Land registry data shows four sales for 16 LUCY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 16 LUCY 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
2022 16 SEP	£327,000	£512,793	36% below HPI
2013 18 APR	£194,995	£288,886	33% below HPI
2010 17 DEC	£179,000	£284,672	37% below HPI
1996 29 MAY	£43,000	£89,086	52% below HPI

16 LUCY 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 four 16 LUCY CLOSE sales between May 1996 and September 2022 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 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 16 LUCY CLOSE?

16 LUCY CLOSE is 69m² according to the EPC inspection conducted in April 2014. 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 LUCY CLOSE lies on this distribution: 6% of detached houses are smaller than 16 LUCY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 LUCY CLOSE: Plot and Title Map

16 LUCY CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 16 LUCY 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 LUCY 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 LUCY CLOSE?

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