8, RUGOSA CLOSE, STANWAY, COLCHESTER, CO3 0HQ - £350,000

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

8 RUGOSA CLOSE is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £350,000 in February 2020, which was around 18% below the average February 2020 detached price in the Colchester local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

8 RUGOSA CLOSE Sold Prices

Land registry data shows three sales for 8 RUGOSA 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 8 RUGOSA 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
2020 14 FEB	£350,000	£428,922	18% below HPI
2018 23 FEB	£340,000	£435,030	22% below HPI
2008 22 DEC	£165,000	£241,012	32% below HPI

8 RUGOSA 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 8 RUGOSA CLOSE sales between December 2008 and February 2020 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 February 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 RUGOSA CLOSE?

8 RUGOSA CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in November 2017. 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 8 RUGOSA CLOSE lies on this distribution: 33% of detached houses are smaller than 8 RUGOSA CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 RUGOSA CLOSE: Plot and Title Map

8 RUGOSA CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 8 RUGOSA 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 8 RUGOSA 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 8 RUGOSA CLOSE?

8 RUGOSA CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 8 on RUGOSA CLOSE.