2, MEADOW VIEW CLOSE, STANWAY, COLCHESTER, CO3 0YL - £373,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MEADOW VIEW CLOSE is a large extended detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £491,019. It was last sold for £373,000 in May 2016, which was around 2% below the average May 2016 detached price in the Colchester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

2 MEADOW VIEW CLOSE Sold Prices

Land registry data shows two sales for 2 MEADOW VIEW 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 2 MEADOW VIEW 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
2016 3 MAY	£373,000	£381,675	2% below HPI
1995 8 SEP	£103,500	£90,738	14% above HPI

2 MEADOW VIEW 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 2 MEADOW VIEW CLOSE sales from September 1995 and May 2016 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 September 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 MEADOW VIEW CLOSE be worth now?

2 MEADOW VIEW CLOSE might now be worth an estimated £491,019.

This is based on house price inflation of 31.6%, between May 2016 and July 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.6% inflationary increase is applied to the most recent sale price for 2 MEADOW VIEW CLOSE of £373,000 on 3rd May 2016. For the value to have increased from £373,000 to £491,019 over the eight years and ten months to July 2025, the following assumptions must hold true:

• The value of 2 MEADOW VIEW CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2016 sale price of £373,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEADOW VIEW CLOSE has not materially changed since May 2016.

How Large is 2 MEADOW VIEW CLOSE?

2 MEADOW VIEW CLOSE is 133m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 30% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 2 MEADOW VIEW CLOSE lies on this distribution: 70% of detached houses houses are smaller than 2 MEADOW VIEW CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 MEADOW VIEW CLOSE: Plot and Title Map

2 MEADOW VIEW CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 2 MEADOW VIEW 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 2 MEADOW VIEW 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 2 MEADOW VIEW CLOSE?

2 MEADOW VIEW CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 2 on MEADOW VIEW CLOSE.