5, STABLE CLOSE, WEST MERSEA, COLCHESTER, CO5 8HP - £305,000

5 STABLE CLOSE is a large extended detached house of 155m², built sometime between 1983 and 1990. It was last sold for £305,000 in May 2010, which was around 7% above the average May 2010 detached price in the Colchester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

5 STABLE CLOSE Sold Prices

Land registry data shows three sales for 5 STABLE 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 5 STABLE CLOSE sales 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
2010 13 MAY	£305,000	£284,031	7% above HPI
2002 25 OCT	£235,000	£218,214	8% above HPI
1997 30 MAY	£105,000	£95,181	10% above HPI

5 STABLE 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 5 STABLE CLOSE sales between May 1997 and May 2010 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 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2010 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 5 STABLE CLOSE?

5 STABLE CLOSE is 155m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 30% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 5 STABLE CLOSE lies on this distribution: 77% of detached houses are smaller than 5 STABLE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

5 STABLE CLOSE: Plot and Title Map

5 STABLE CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 5 STABLE 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 5 STABLE 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 5 STABLE CLOSE?

5 STABLE CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 5 on STABLE CLOSE.