3, RUGOSA CLOSE, STANWAY, COLCHESTER, CO3 0HQ - £370,000

3 RUGOSA CLOSE is a very small extended detached house of 84m², built sometime between 1950 and 1966. It was last sold for £370,000 in February 2022, which was around 28% below the average February 2022 detached price in the Colchester local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

3 RUGOSA CLOSE Sold Prices

Land registry data shows two sales for 3 RUGOSA 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 3 RUGOSA 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
2022 18 FEB	£370,000	£511,979	28% below HPI
2021 3 AUG	£331,500	£477,358	31% below HPI

3 RUGOSA 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 3 RUGOSA CLOSE sales from August 2021 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 August 2021 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 RUGOSA CLOSE?

3 RUGOSA CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 3 RUGOSA CLOSE lies on this distribution: 18% of detached houses are smaller than 3 RUGOSA CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 RUGOSA CLOSE: Plot and Title Map

3 RUGOSA CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 RUGOSA 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 3 RUGOSA 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 3 RUGOSA CLOSE?

3 RUGOSA CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 3 on RUGOSA CLOSE.