OAST HOUSE, MAIN ROAD, WORMINGFORD, COLCHESTER, CO6 3AX - £310,000

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.

OAST HOUSE is a very small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £400,867. It was last sold for £310,000 in June 2016, which was around 20% below the average June 2016 detached price in the Colchester local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

OAST HOUSE Sold Prices

Land registry data shows four sales for OAST HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four OAST HOUSE 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
2016 3 JUN	£310,000	£388,396	20% below HPI
2013 15 NOV	£235,000	£305,088	23% below HPI
2005 30 SEP	£245,000	£268,673	9% below HPI
2003 14 MAR	£190,000	£227,883	17% below HPI

OAST HOUSE 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 four OAST HOUSE sales between March 2003 and June 2016 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 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might OAST HOUSE be worth now?

OAST HOUSE might now be worth an estimated £400,867.

This is based on house price inflation of 29.3%, between June 2016 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 29.3% inflationary increase is applied to the most recent sale price for OAST HOUSE of £310,000 on 3rd June 2016. For the value to have increased from £310,000 to £400,867 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of OAST HOUSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of OAST HOUSE has not materially changed since June 2016.

How Large is OAST HOUSE?

OAST HOUSE is 93m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of detached houses houses in Wormingford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wormingford, and where OAST HOUSE lies on this distribution: Less than 1% of detached houses houses are smaller than OAST HOUSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wormingford.

OAST HOUSE: Plot and Title Map

OAST HOUSE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of OAST HOUSE, 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 OAST HOUSE). 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 OAST HOUSE?

OAST HOUSE is located on MAIN ROAD in WORMINGFORD, in the CO6 postcode district. The below map shows the position of OAST HOUSE on MAIN ROAD.