7, RAMBLER CLOSE, STANWAY, COLCHESTER, CO3 0HR - £310,000

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

7 RAMBLER CLOSE is a very small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £310,000 in February 2017, which was around 25% below the average February 2017 detached price in the Colchester local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

7 RAMBLER CLOSE Sold Prices

Land registry data shows three sales for 7 RAMBLER 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 7 RAMBLER 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
2017 14 FEB	£310,000	£415,133	25% below HPI
2012 17 APR	£242,000	£281,519	14% below HPI
2001 20 APR	£130,000	£155,193	16% below HPI

7 RAMBLER 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 7 RAMBLER CLOSE sales between April 2001 and February 2017 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 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 RAMBLER CLOSE?

7 RAMBLER CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 7 RAMBLER CLOSE lies on this distribution: 11% of detached houses are smaller than 7 RAMBLER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 RAMBLER CLOSE: Plot and Title Map

7 RAMBLER CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 7 RAMBLER 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 7 RAMBLER 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 7 RAMBLER CLOSE?

7 RAMBLER CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 7 on RAMBLER CLOSE.