2, NURSERY CLOSE, STANWAY, COLCHESTER, CO3 0RL - £330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 NURSERY CLOSE is a very large detached house of 151m², built sometime between 1983 and 1990, which could now be worth an estimated £573,258. It was last sold for £330,000 in January 2012, which was around 14% above the average January 2012 detached price in the Colchester local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

2 NURSERY CLOSE Sold Prices

Land registry data shows two sales for 2 NURSERY 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 NURSERY 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
2012 17 JAN	£330,000	£289,119	14% above HPI
2002 8 NOV	£267,500	£224,118	19% above HPI

2 NURSERY 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 NURSERY CLOSE sales from November 2002 and January 2012 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 November 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2012 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 NURSERY CLOSE be worth now?

2 NURSERY CLOSE might now be worth an estimated £573,258.

This is based on house price inflation of 73.7%, between January 2012 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.7% inflationary increase is applied to the most recent sale price for 2 NURSERY CLOSE of £330,000 on 17th January 2012. For the value to have increased from £330,000 to £573,258 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 NURSERY CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The January 2012 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NURSERY CLOSE has not materially changed since January 2012.

How Large is 2 NURSERY CLOSE?

2 NURSERY CLOSE is 151m² according to the EPC inspection conducted in November 2011. This puts it in the largest 20% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 2 NURSERY CLOSE lies on this distribution: 81% of detached houses houses are smaller than 2 NURSERY CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 NURSERY CLOSE: Plot and Title Map

2 NURSERY CLOSE sits on a plot of roughly 0.221 of an acre, or 896m². The below map shows the location of 2 NURSERY 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 NURSERY 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 NURSERY CLOSE?

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