18, WREN CLOSE, STANWAY, COLCHESTER, CO3 8ZB - £260,000

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

18 WREN CLOSE is a midsized extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £260,000 in February 2015, which was around 22% below the average February 2015 detached price in the Colchester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was B.

18 WREN CLOSE Sold Prices

Land registry data shows two sales for 18 WREN 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 18 WREN 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
2015 5 FEB	£260,000	£334,760	22% below HPI
2001 12 JUL	£137,000	£163,344	16% below HPI

18 WREN 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 18 WREN CLOSE sales from July 2001 and February 2015 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 July 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 18 WREN CLOSE?

18 WREN CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 18 WREN CLOSE lies on this distribution: 42% of detached houses are smaller than 18 WREN CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Colchester.

18 WREN CLOSE: Plot and Title Map

18 WREN CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 18 WREN 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 18 WREN 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 18 WREN CLOSE?

18 WREN CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 18 on WREN CLOSE.