46, QUEEN ELIZABETH WAY, COLCHESTER, CO2 8QL - £225,000

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.

46 QUEEN ELIZABETH WAY is a very small terraced house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £258,693. It was last sold for £225,000 in March 2021, which was around 3% below the average March 2021 terraced price in the Colchester local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was B.

46 QUEEN ELIZABETH WAY Sold Prices

Land registry data shows two sales for 46 QUEEN ELIZABETH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. Both of the two 46 QUEEN ELIZABETH WAY 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 25 MAR	£225,000	£231,758	3% below HPI
2019 11 OCT	£165,000	£223,777	26% below HPI

46 QUEEN ELIZABETH WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The two 46 QUEEN ELIZABETH WAY sales from October 2019 and March 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 October 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 46 QUEEN ELIZABETH WAY be worth now?

46 QUEEN ELIZABETH WAY might now be worth an estimated £258,693.

This is based on house price inflation of 15%, between March 2021 and October 2025, for terraced 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% inflationary increase is applied to the most recent sale price for 46 QUEEN ELIZABETH WAY of £225,000 on 25th March 2021. For the value to have increased from £225,000 to £258,693 over the three years and five months to October 2025, the following assumptions must hold true:

• The value of 46 QUEEN ELIZABETH WAY has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The March 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 46 QUEEN ELIZABETH WAY has not materially changed since March 2021.

How Large is 46 QUEEN ELIZABETH WAY?

46 QUEEN ELIZABETH WAY is 78m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of terraced houses houses in Colchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Colchester, and where 46 QUEEN ELIZABETH WAY lies on this distribution: 11% of terraced houses houses are smaller than 46 QUEEN ELIZABETH WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Colchester.

46 QUEEN ELIZABETH WAY: Plot and Title Map

46 QUEEN ELIZABETH WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 46 QUEEN ELIZABETH WAY, 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 46 QUEEN ELIZABETH WAY). 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 46 QUEEN ELIZABETH WAY?

46 QUEEN ELIZABETH WAY is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 46 on QUEEN ELIZABETH WAY.