46, MARRAM CLOSE, STANWAY, COLCHESTER, CO3 0PJ - £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

46 MARRAM CLOSE is a large detached house of 137m², built sometime between 1976 and 1982. It was last sold for £250,000 in February 2014, which was around 18% below the average February 2014 detached price in the Colchester local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

46 MARRAM CLOSE Sold Prices

Land registry data shows three sales for 46 MARRAM 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 46 MARRAM 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
2014 14 FEB	£250,000	£306,630	18% below HPI
2005 14 APR	£242,000	£265,510	9% below HPI
1998 3 NOV	£95,000	£112,369	15% below HPI

46 MARRAM 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 46 MARRAM CLOSE sales between November 1998 and February 2014 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 April 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 46 MARRAM CLOSE?

46 MARRAM CLOSE is 137m² according to the EPC inspection conducted in February 2011. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 46 MARRAM CLOSE lies on this distribution: 73% of detached houses are smaller than 46 MARRAM CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Colchester.

46 MARRAM CLOSE: Plot and Title Map

46 MARRAM CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 46 MARRAM 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 46 MARRAM 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 46 MARRAM CLOSE?

46 MARRAM CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 46 on MARRAM CLOSE.