40, OSTRICH STREET, STANWAY, COLCHESTER, CO3 8AS - £261,000

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.

40 OSTRICH STREET is a very small semi-detached house of 64m², which could now be worth an estimated £287,362. It was last sold for £261,000 in September 2021, which was around 13% below the average September 2021 semi-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.

40 OSTRICH STREET Sold Prices

Land registry data shows two sales for 40 OSTRICH STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 40 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
2021 30 SEP	£261,000	£301,450	13% below HPI
2016 30 NOV	£252,000	£262,648	4% below HPI

40 OSTRICH STREET 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 two 40 OSTRICH STREET sales from November 2016 and September 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 November 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 40 OSTRICH STREET be worth now?

40 OSTRICH STREET might now be worth an estimated £287,362.

This is based on house price inflation of 10.1%, between September 2021 and October 2025, 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 10.1% inflationary increase is applied to the most recent sale price for 40 OSTRICH STREET of £261,000 on 30th September 2021. For the value to have increased from £261,000 to £287,362 over the three years and eleven months to October 2025, the following assumptions must hold true:

• The value of 40 OSTRICH STREET has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The September 2021 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 40 OSTRICH STREET has not materially changed since September 2021.

How Large is 40 OSTRICH STREET?

40 OSTRICH STREET is 64m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% 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 40 OSTRICH STREET lies on this distribution: 4% of semi-detached houses houses are smaller than 40 OSTRICH STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Colchester.

40 OSTRICH STREET: Plot and Title Map

40 OSTRICH STREET sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 40 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 40 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 40 OSTRICH STREET?

40 OSTRICH STREET is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 40 on OSTRICH STREET.