15, STABLE CLOSE, STANWAY, COLCHESTER, CO3 0UG - £85,000

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.

15 STABLE CLOSE is a very small flat of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £155,194. It was last sold for £85,000 in March 2003, which was around 5% below the average March 2003 flat price in the Colchester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

15 STABLE CLOSE Sold Prices

Land registry data shows two sales for 15 STABLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Colchester local authority area for the corresponding sale date. One of the two 15 STABLE CLOSE sales was for below the average price, whilst the other was 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
2003 14 MAR	£85,000	£89,094	5% below HPI
2001 30 MAR	£64,995	£55,617	17% above HPI

What might 15 STABLE CLOSE be worth now?

15 STABLE CLOSE might now be worth an estimated £155,194.

This is based on house price inflation of 82.6%, between March 2003 and May 2026, for flats, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.6% inflationary increase is applied to the most recent sale price for 15 STABLE CLOSE of £85,000 on 14th March 2003. For the value to have increased from £85,000 to £155,194 over the 22 years and ten months to May 2026, the following assumptions must hold true:

• The value of 15 STABLE CLOSE has moved in line with the HPI for flats in the Colchester local authority area.
• The March 2003 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 15 STABLE CLOSE has not materially changed since March 2003.

How Large is 15 STABLE CLOSE?

15 STABLE CLOSE is 42m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of flats in Colchester, based on EPC data. 16% of flats are smaller than 15 STABLE CLOSE, and 82% of flats are larger. Note that EPC data is not available for all properties in Colchester.

15 STABLE CLOSE: Plot

15 STABLE CLOSE sits on a plot of roughly 0.238 of an acre, or 965m².

Where is 15 STABLE CLOSE?

15 STABLE CLOSE is located in STANWAY, in the CO3 postcode district.