312, DALE CLOSE, STANWAY, COLCHESTER, CO3 0FU - £255,000

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.

312 DALE CLOSE is a very small terraced house of 63m², built sometime between 1991 and 1995, which could now be worth an estimated £254,727. It was last sold for £255,000 in June 2022, which was around 3% below the average June 2022 terraced price in the Colchester local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was A.

312 DALE CLOSE Sold Prices

Land registry data shows four sales for 312 DALE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. two of the four 312 DALE CLOSE sales were for below the average price, and four were 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 17 JUN	£255,000	£263,927	3% below HPI
2012 31 OCT	£146,000	£151,817	4% below HPI
2003 22 AUG	£117,500	£113,541	3% above HPI
1995 4 AUG	£57,750	£44,450	30% above HPI

312 DALE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The four 312 DALE CLOSE sales between August 1995 and June 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 October 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 312 DALE CLOSE be worth now?

312 DALE CLOSE might now be worth an estimated £254,727.

This is based on house price deflation of 0.1%, between June 2022 and July 2025, for terraced 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 0.1% deflationary decrease is applied to the most recent sale price for 312 DALE CLOSE of £255,000 on 17th June 2022. For the value to have decreased from £255,000 to £254,727 over the two years and eleven months to July 2025, the following assumptions must hold true:

• The value of 312 DALE CLOSE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The June 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 312 DALE CLOSE has not materially changed since June 2022.

How Large is 312 DALE CLOSE?

312 DALE CLOSE is 63m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of terraced houses houses in Colchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colchester, and where 312 DALE CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 312 DALE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Colchester.

312 DALE CLOSE: Plot and Title Map

312 DALE CLOSE sits on a plot of roughly 0.032 of an acre, or 131m². The below map shows the location of 312 DALE 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 312 DALE 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 312 DALE CLOSE?

312 DALE CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 312 on DALE CLOSE.