4, NURSERY CLOSE, STANWAY, COLCHESTER, CO3 0RL - £380,000

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

4 NURSERY CLOSE is a very small semi-detached house of 62m², built sometime between 1976 and 1982. It was last sold for £380,000 in May 2023, which was around 26% below the average May 2023 detached price in the Colchester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

4 NURSERY CLOSE Sold Prices

Land registry data shows three sales for 4 NURSERY 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 4 NURSERY 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
2023 31 MAY	£380,000	£511,964	26% below HPI
2005 11 OCT	£220,000	£268,420	18% below HPI
2003 9 JUL	£150,000	£236,514	37% below HPI

4 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 three 4 NURSERY CLOSE sales between July 2003 and May 2023 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 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 NURSERY CLOSE?

4 NURSERY CLOSE is 62m² according to the EPC inspection conducted in February 2023. 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 4 NURSERY CLOSE lies on this distribution: 3% of detached houses are smaller than 4 NURSERY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 NURSERY CLOSE: Plot and Title Map

4 NURSERY CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 4 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 4 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 4 NURSERY CLOSE?

4 NURSERY CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 4 on NURSERY CLOSE.