135, HAKEWILL WAY, COLCHESTER, CO4 5GX - £285,000

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.

135 HAKEWILL WAY is a midsized extended detached house of 119m², built sometime between 2003 and 2006, which could now be worth an estimated £331,867. It was last sold for £285,000 in May 2018, which was around 34% below the average May 2018 detached price in the Colchester local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

135 HAKEWILL WAY Sold Prices

Land registry data shows four sales for 135 HAKEWILL WAY 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 135 HAKEWILL 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
2018 4 MAY	£285,000	£433,893	34% below HPI
2016 21 NOV	£282,500	£410,901	31% below HPI
2007 26 APR	£239,000	£293,196	18% below HPI
2005 29 JUL	£225,000	£269,597	17% below HPI

135 HAKEWILL WAY 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 135 HAKEWILL WAY sales between July 2005 and May 2018 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 135 HAKEWILL WAY be worth now?

135 HAKEWILL WAY might now be worth an estimated £331,867.

This is based on house price inflation of 16.4%, between May 2018 and March 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 16.4% inflationary increase is applied to the most recent sale price for 135 HAKEWILL WAY of £285,000 on 4th May 2018. For the value to have increased from £285,000 to £331,867 over the seven years and two months to March 2025, the following assumptions must hold true:

• The value of 135 HAKEWILL WAY has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2018 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 135 HAKEWILL WAY has not materially changed since May 2018.

How Large is 135 HAKEWILL WAY?

135 HAKEWILL WAY is 119m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% 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 135 HAKEWILL WAY lies on this distribution: 58% of detached houses houses are smaller than 135 HAKEWILL WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Colchester.

135 HAKEWILL WAY: Plot and Title Map

135 HAKEWILL WAY sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 135 HAKEWILL 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 135 HAKEWILL 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 135 HAKEWILL WAY?

135 HAKEWILL WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 135 on HAKEWILL WAY.