32, STABLE CLOSE, STANWAY, COLCHESTER, CO3 0UG - £347,500

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

32 STABLE CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £347,500 in May 2022, which was around 30% below the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

32 STABLE CLOSE Sold Prices

Land registry data shows three sales for 32 STABLE CLOSE since 1^st 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 32 STABLE 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
2022 19 MAY	£347,500	£496,658	30% below HPI
2014 10 JAN	£200,000	£304,941	34% below HPI
2003 17 JUL	£157,500	£236,514	33% below HPI

32 STABLE 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 three 32 STABLE CLOSE sales between July 2003 and May 2022 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 January 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 32 STABLE CLOSE?

32 STABLE CLOSE is 66m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 32 STABLE CLOSE lies on this distribution: 5% of detached houses are smaller than 32 STABLE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Colchester.

32 STABLE CLOSE: Plot and Title Map

32 STABLE CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 32 STABLE 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 32 STABLE 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 32 STABLE CLOSE?

32 STABLE CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 32 on STABLE CLOSE.