11, LUCY CLOSE, STANWAY, COLCHESTER, CO3 0HX - £285,000

11 LUCY CLOSE is a very small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £285,000 in February 2017, which was around 31% below the average February 2017 detached price in the Colchester local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

11 LUCY CLOSE Sold Prices

Land registry data shows two sales for 11 LUCY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 11 LUCY 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 17 FEB	£285,000	£415,133	31% below HPI
2016 11 NOV	£320,000	£409,775	22% below HPI

11 LUCY 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 two 11 LUCY CLOSE sales from November 2016 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 November 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 11 LUCY CLOSE?

11 LUCY CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in July 2016. 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 11 LUCY CLOSE lies on this distribution: 9% of detached houses are smaller than 11 LUCY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Colchester.

11 LUCY CLOSE: Plot and Title Map

11 LUCY CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 11 LUCY 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 11 LUCY 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 11 LUCY CLOSE?

11 LUCY CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 11 on LUCY CLOSE.