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
29 MEADOW GRASS CLOSE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £240,000 in April 2015, which was around 31% below the average April 2015 detached price in the Colchester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 29 MEADOW GRASS CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 29 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 |
---|---|---|---|
2015 30 APR | £240,000 | £345,478 | 31% below HPI |
2014 14 FEB | £168,100 | £306,630 | 45% below HPI |
1998 15 MAY | £78,000 | £108,542 | 28% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 29 MEADOW GRASS CLOSE sales between May 1998 and April 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 February 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2015 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
29 MEADOW GRASS CLOSE is 79m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 29 MEADOW GRASS CLOSE lies on this distribution: 13% of detached houses are smaller than 29 MEADOW GRASS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Colchester.
29 MEADOW GRASS CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 29 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 29 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.
29 MEADOW GRASS CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 29 on MEADOW GRASS CLOSE.