12, RYE CLOSE, STANWAY, COLCHESTER, CO3 0YP - £480,000

12 RYE CLOSE is a large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £480,000 in February 2022, which was around 6% below the average February 2022 detached price in the Colchester local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

12 RYE CLOSE Sold Prices

Land registry data shows three sales for 12 RYE 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. Two of the three 12 RYE CLOSE sales were for below the average price, whilst one was for above 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
2022 24 FEB	£480,000	£511,979	6% below HPI
2004 4 JUN	£248,000	£256,983	3% below HPI
2001 3 DEC	£191,000	£176,343	8% above HPI

12 RYE 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 12 RYE CLOSE sales between December 2001 and February 2022 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 June 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 RYE CLOSE?

12 RYE CLOSE is 138m², which includes four extensions, according to the EPC inspection conducted in November 2021. 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 12 RYE CLOSE lies on this distribution: 74% of detached houses are smaller than 12 RYE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 RYE CLOSE: Plot and Title Map

12 RYE CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 12 RYE 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 12 RYE 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 12 RYE CLOSE?

12 RYE CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 12 on RYE CLOSE.