56, DALE CLOSE, STANWAY, COLCHESTER, CO3 0FG - £160,000

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.

56 DALE CLOSE is a very small terraced house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £228,393. It was last sold for £160,000 in August 2015, which was around 13% below the average August 2015 terraced price in the Colchester local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

56 DALE CLOSE Sold Prices

Land registry data shows four sales for 56 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. All of the four 56 DALE 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
2015 20 AUG	£160,000	£184,695	13% below HPI
2014 2 MAY	£140,000	£165,965	16% below HPI
2004 30 APR	£123,000	£127,150	3% below HPI
2001 23 APR	£69,500	£71,960	3% below HPI

56 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 56 DALE CLOSE sales between April 2001 and August 2015 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 May 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 56 DALE CLOSE be worth now?

56 DALE CLOSE might now be worth an estimated £228,393.

This is based on house price inflation of 42.7%, between August 2015 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 42.7% inflationary increase is applied to the most recent sale price for 56 DALE CLOSE of £160,000 on 20th August 2015. For the value to have increased from £160,000 to £228,393 over the ten years and one month to July 2025, the following assumptions must hold true:

• The value of 56 DALE CLOSE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The August 2015 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 56 DALE CLOSE has not materially changed since August 2015.

How Large is 56 DALE CLOSE?

56 DALE CLOSE is 60m² according to the EPC inspection conducted in June 2024. 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 56 DALE CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 56 DALE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Colchester.

56 DALE CLOSE: Plot and Title Map

56 DALE CLOSE sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 56 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 56 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 56 DALE CLOSE?

56 DALE CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 56 on DALE CLOSE.