CARIBOU COTTAGE, OSPREY CLOSE, STANWAY, COLCHESTER, CO3 8WA - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CARIBOU COTTAGE is a midsized detached house of 113m². It was last sold for £395,000 in March 2023, which was around 25% below the average March 2023 detached price in the Colchester local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was A.

CARIBOU COTTAGE Sold Prices

Land registry data shows two sales for CARIBOU COTTAGE 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 CARIBOU COTTAGE 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
2023 27 MAR	£395,000	£524,602	25% below HPI
2018 31 JAN	£299,950	£432,750	31% below HPI

CARIBOU COTTAGE 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 CARIBOU COTTAGE sales from January 2018 and March 2023 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 January 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is CARIBOU COTTAGE?

CARIBOU COTTAGE is 113m² according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where CARIBOU COTTAGE lies on this distribution: 52% of detached houses are smaller than CARIBOU COTTAGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Colchester.

CARIBOU COTTAGE: Plot and Title Map

CARIBOU COTTAGE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of CARIBOU COTTAGE, 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 CARIBOU COTTAGE). 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 CARIBOU COTTAGE?

CARIBOU COTTAGE is located on OSPREY CLOSE in STANWAY, in the CO3 postcode district. The below map shows the position of CARIBOU COTTAGE on OSPREY CLOSE.