3, RYE CLOSE, STANWAY, COLCHESTER, CO3 0YP - £250,000

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

3 RYE CLOSE is a very large detached house of 164m², built sometime between 1983 and 1990. It was last sold for £250,000 in September 2012, which was around 13% below the average September 2012 detached price in the Colchester local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.

3 RYE CLOSE Sold Prices

Land registry data shows two sales for 3 RYE 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. One of the two 3 RYE CLOSE sales was for below the average price, whilst the other was 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 21 SEP	£250,000	£288,729	13% below HPI
1997 30 OCT	£118,000	£99,892	18% above HPI

3 RYE 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 3 RYE CLOSE sales from October 1997 and September 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 October 1997 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2012 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 RYE CLOSE?

3 RYE CLOSE is 164m² according to the EPC inspection conducted in December 2011. This puts it in the largest 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 3 RYE CLOSE lies on this distribution: 87% of detached houses are smaller than 3 RYE CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 RYE CLOSE: Plot and Title Map

3 RYE CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 3 RYE 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 3 RYE 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 3 RYE CLOSE?

3 RYE CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 3 on RYE CLOSE.