12, OSTRICH STREET, STANWAY, COLCHESTER, CO3 8AS - £327,500

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.

12 OSTRICH STREET is a small detached house of 92m², which could now be worth an estimated £378,697. It was last sold for £327,500 in April 2019, which was around 25% below the average April 2019 detached price in the Colchester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

12 OSTRICH STREET Sold Prices

Land registry data shows two sales for 12 OSTRICH STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 12 OSTRICH STREET 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
2019 5 APR	£327,500	£434,343	25% below HPI
2016 1 JUL	£302,500	£391,068	23% below HPI

12 OSTRICH STREET 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 two 12 OSTRICH STREET sales from July 2016 and April 2019 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 July 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 12 OSTRICH STREET be worth now?

12 OSTRICH STREET might now be worth an estimated £378,697.

This is based on house price inflation of 15.6%, between April 2019 and February 2025, 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 15.6% inflationary increase is applied to the most recent sale price for 12 OSTRICH STREET of £327,500 on 5th April 2019. For the value to have increased from £327,500 to £378,697 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 12 OSTRICH STREET has moved in line with the HPI for detached houses in the Colchester local authority area.
• The April 2019 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 12 OSTRICH STREET has not materially changed since April 2019.

How Large is 12 OSTRICH STREET?

12 OSTRICH STREET is 92m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 12 OSTRICH STREET lies on this distribution: 29% of detached houses houses are smaller than 12 OSTRICH STREET, and 70% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 OSTRICH STREET: Plot and Title Map

12 OSTRICH STREET sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 12 OSTRICH STREET, 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 12 OSTRICH STREET). 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 12 OSTRICH STREET?

12 OSTRICH STREET is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 12 on OSTRICH STREET.