5, JUBILEE CLOSE, STANWAY, COLCHESTER, CO3 0HN - £285,000

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

5 JUBILEE CLOSE is a small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £285,000 in March 2008, which was around 6% below the average March 2008 detached price in the Colchester local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

5 JUBILEE CLOSE Sold Prices

Land registry data shows three sales for 5 JUBILEE 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 5 JUBILEE 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
2008 17 MAR	£285,000	£303,907	6% below HPI
2006 3 NOV	£250,000	£288,355	13% below HPI
2003 22 JUL	£215,000	£236,514	9% below HPI

5 JUBILEE 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 5 JUBILEE CLOSE sales between July 2003 and March 2008 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 November 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2008 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 5 JUBILEE CLOSE?

5 JUBILEE CLOSE is 94m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 5 JUBILEE CLOSE lies on this distribution: 31% of detached houses are smaller than 5 JUBILEE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Colchester.

5 JUBILEE CLOSE: Plot and Title Map

5 JUBILEE CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 5 JUBILEE 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 5 JUBILEE 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 5 JUBILEE CLOSE?

5 JUBILEE CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 5 on JUBILEE CLOSE.