4, CENTAURY CLOSE, STANWAY, COLCHESTER, CO3 0SF - £255,000

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.

4 CENTAURY CLOSE is a very small extended detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £292,485. It was last sold for £255,000 in May 2021, which was around 42% below the average May 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

4 CENTAURY CLOSE Sold Prices

Land registry data shows five sales for 4 CENTAURY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 4 CENTAURY 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
2021 14 MAY	£255,000	£439,343	42% below HPI
2014 11 JUL	£188,000	£321,273	41% below HPI
2009 3 DEC	£166,000	£271,770	39% below HPI
2004 26 MAR	£135,995	£252,387	46% below HPI
2001 31 JAN	£79,995	£151,005	47% below HPI

4 CENTAURY CLOSE 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 five 4 CENTAURY CLOSE sales between January 2001 and May 2021 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 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 4 CENTAURY CLOSE be worth now?

4 CENTAURY CLOSE might now be worth an estimated £292,485.

This is based on house price inflation of 14.7%, between May 2021 and April 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 14.7% inflationary increase is applied to the most recent sale price for 4 CENTAURY CLOSE of £255,000 on 14th May 2021. For the value to have increased from £255,000 to £292,485 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 4 CENTAURY CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CENTAURY CLOSE has not materially changed since May 2021.

How Large is 4 CENTAURY CLOSE?

4 CENTAURY CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% 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 4 CENTAURY CLOSE lies on this distribution: 16% of detached houses houses are smaller than 4 CENTAURY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 CENTAURY CLOSE: Plot and Title Map

4 CENTAURY CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 4 CENTAURY 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 4 CENTAURY 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 4 CENTAURY CLOSE?

4 CENTAURY CLOSE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 4 on CENTAURY CLOSE.