16, MEADOW GRASS CLOSE, STANWAY, COLCHESTER, CO3 0PL - £222,000

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 MEADOW GRASS CLOSE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £222,000 in July 2013, which was around 23% below the average July 2013 detached price in the Colchester local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

16 MEADOW GRASS CLOSE Sold Prices

Land registry data shows four sales for 16 MEADOW GRASS 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 MEADOW GRASS 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
2013 2 JUL	£222,000	£289,834	23% below HPI
2006 24 AUG	£217,500	£282,194	23% below HPI
2001 20 JUL	£136,000	£163,344	17% below HPI
1999 28 OCT	£106,000	£125,966	16% below HPI

16 MEADOW GRASS 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 MEADOW GRASS CLOSE sales between October 1999 and July 2013 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 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2013 sale, which was also at 23% below the HPI.

How Large is 16 MEADOW GRASS CLOSE?

16 MEADOW GRASS CLOSE is 70m² according to the EPC inspection conducted in August 2022. 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 MEADOW GRASS CLOSE lies on this distribution: 7% of detached houses are smaller than 16 MEADOW GRASS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 MEADOW GRASS CLOSE: Plot and Title Map

16 MEADOW GRASS CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 16 MEADOW GRASS 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 MEADOW GRASS 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 MEADOW GRASS CLOSE?

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