2A, ALBERTINE CLOSE, STANWAY, COLCHESTER, CO3 0JJ - £315,000

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.

2A ALBERTINE CLOSE is a very small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £317,270. It was last sold for £315,000 in August 2023, which was around 37% below the average August 2023 detached price in the Colchester local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

2A ALBERTINE CLOSE Sold Prices

Land registry data shows three sales for 2A ALBERTINE 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 2A ALBERTINE 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
2023 11 AUG	£315,000	£500,322	37% below HPI
2012 26 NOV	£225,000	£288,637	22% below HPI
2008 21 NOV	£175,000	£247,428	29% below HPI

2A ALBERTINE 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 2A ALBERTINE CLOSE sales between November 2008 and August 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 November 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2A ALBERTINE CLOSE be worth now?

2A ALBERTINE CLOSE might now be worth an estimated £317,270.

This is based on house price inflation of 0.7%, between August 2023 and April 2026, 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 0.7% inflationary increase is applied to the most recent sale price for 2A ALBERTINE CLOSE of £315,000 on 11th August 2023. For the value to have increased from £315,000 to £317,270 over the three years and four months to April 2026, the following assumptions must hold true:

• The value of 2A ALBERTINE CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2023 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2A ALBERTINE CLOSE has not materially changed since August 2023.

How Large is 2A ALBERTINE CLOSE?

2A ALBERTINE CLOSE is 76m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% 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 2A ALBERTINE CLOSE lies on this distribution: 10% of detached houses houses are smaller than 2A ALBERTINE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2A ALBERTINE CLOSE: Plot and Title Map

2A ALBERTINE CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 2A ALBERTINE 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 2A ALBERTINE 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 2A ALBERTINE CLOSE?

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