9, ALBERTINE CLOSE, STANWAY, COLCHESTER, CO3 0JJ - £228,500

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.

9 ALBERTINE CLOSE is a very small semi-detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £372,212. It was last sold for £228,500 in May 2014, which was around 12% above the average May 2014 semi-detached price in the Colchester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

9 ALBERTINE CLOSE Sold Prices

Land registry data shows four sales for 9 ALBERTINE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Two of the four 9 ALBERTINE CLOSE sales were for above the average price, whilst one was 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
2014 15 MAY	£228,500	£203,667	12% above HPI
2002 30 JAN	£120,500	£108,125	11% above HPI
1995 3 MAR	£57,000	£58,228	2% below HPI
1995 27 JAN	£58,995	£58,940	Close to HPI

9 ALBERTINE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The four 9 ALBERTINE CLOSE sales between January 1995 and May 2014 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 January 2002 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2014 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 9 ALBERTINE CLOSE be worth now?

9 ALBERTINE CLOSE might now be worth an estimated £372,212.

This is based on house price inflation of 62.9%, between May 2014 and May 2026, for semi-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 62.9% inflationary increase is applied to the most recent sale price for 9 ALBERTINE CLOSE of £228,500 on 15th May 2014. For the value to have increased from £228,500 to £372,212 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 9 ALBERTINE CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The May 2014 sale price of £228,500 represented a fair market value for the property.
• The size, condition, and specification of 9 ALBERTINE CLOSE has not materially changed since May 2014.

How Large is 9 ALBERTINE CLOSE?

9 ALBERTINE CLOSE is 77m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 9 ALBERTINE CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 9 ALBERTINE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

9 ALBERTINE CLOSE: Plot and Title Map

9 ALBERTINE CLOSE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 9 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 9 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 9 ALBERTINE CLOSE?

9 ALBERTINE CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 9 on ALBERTINE CLOSE.