6, REDWING CLOSE, STANWAY, COLCHESTER, CO3 8AL - £241,000

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.

6 REDWING CLOSE is a small detached house of 101m², built in 2014, which could now be worth an estimated £349,262. It was last sold for £241,000 in June 2015, which was around 31% below the average June 2015 detached price in the Colchester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

6 REDWING CLOSE Sold Prices

Land registry data shows one sale for 6 REDWING CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Colchester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 30 JUN	£241,000	£346,971	31% below HPI

What might 6 REDWING CLOSE be worth now?

6 REDWING CLOSE might now be worth an estimated £349,262.

This is based on house price inflation of 44.9%, between June 2015 and May 2026, for 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 44.9% inflationary increase is applied to the most recent sale price for 6 REDWING CLOSE of £241,000 on 30th June 2015. For the value to have increased from £241,000 to £349,262 over the eleven years and one month to May 2026, the following assumptions must hold true:

• The value of 6 REDWING CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2015 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 6 REDWING CLOSE has not materially changed since June 2015.

How Large is 6 REDWING CLOSE?

6 REDWING CLOSE is 101m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 6 REDWING CLOSE lies on this distribution: 37% of detached houses are smaller than 6 REDWING CLOSE, and 62% of detached houses are larger. Note that EPC data is not available for all properties in Colchester.

6 REDWING CLOSE: Plot

6 REDWING CLOSE sits on a plot of roughly 0.045 of an acre, or 183m².

Where is 6 REDWING CLOSE?

6 REDWING CLOSE is located in STANWAY, in the CO3 postcode district.