12, WREN CLOSE, STANWAY, COLCHESTER, CO3 8ZB - £470,000

12 WREN CLOSE is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £470,000 in October 2023, which was around 11% below the average October 2023 detached price in the Colchester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

12 WREN CLOSE Sold Prices

Land registry data shows two sales for 12 WREN 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. One of the two 12 WREN CLOSE sales was for below the average price, whilst the other 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
2023 27 OCT	£470,000	£527,662	11% below HPI
2001 22 MAR	£179,950	£151,192	19% above HPI

12 WREN 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 12 WREN CLOSE sales from March 2001 and October 2023 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 March 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 12 WREN CLOSE?

12 WREN CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 12 WREN CLOSE lies on this distribution: 63% of detached houses are smaller than 12 WREN CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 WREN CLOSE: Plot and Title Map

12 WREN CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 12 WREN 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 WREN 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 WREN CLOSE?

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