2, HERON CLOSE, STANWAY, COLCHESTER, CO3 8WH - £350,000

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

2 HERON CLOSE is a midsized detached house of 118m², built sometime between 2003 and 2006. It was last sold for £350,000 in October 2013, which was around 15% above the average October 2013 detached price in the Colchester local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was C.

2 HERON CLOSE Sold Prices

Land registry data shows two sales for 2 HERON 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 2 HERON CLOSE sales were for above 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 14 OCT	£350,000	£303,998	15% above HPI
2004 7 APR	£309,950	£253,052	22% above HPI

2 HERON 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 2 HERON CLOSE sales from April 2004 and October 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 April 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2013 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 HERON CLOSE?

2 HERON CLOSE is 118m² according to the EPC inspection conducted in October 2012. This puts it in the largest 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 2 HERON CLOSE lies on this distribution: 57% of detached houses are smaller than 2 HERON CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 HERON CLOSE: Plot and Title Map

2 HERON CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 2 HERON 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 2 HERON 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 2 HERON CLOSE?

2 HERON CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 2 on HERON CLOSE.