2, ROBERT WAY, WIVENHOE, COLCHESTER, CO7 9JG - £224,995

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.

2 ROBERT WAY is a small extended terraced house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £282,954. It was last sold for £224,995 in September 2016, which was around 7% above the average September 2016 terraced price in the Colchester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

2 ROBERT WAY Sold Prices

Land registry data shows three sales for 2 ROBERT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. All of the three 2 ROBERT WAY sales were for above 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 8 SEP	£224,995	£211,175	7% above HPI
2013 11 OCT	£163,000	£158,954	3% above HPI
1996 31 MAY	£51,000	£43,564	17% above HPI

2 ROBERT 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 three 2 ROBERT WAY sales between May 1996 and September 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 October 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2016 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 ROBERT WAY be worth now?

2 ROBERT WAY might now be worth an estimated £282,954.

This is based on house price inflation of 25.8%, between September 2016 and May 2026, 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 25.8% inflationary increase is applied to the most recent sale price for 2 ROBERT WAY of £224,995 on 8th September 2016. For the value to have increased from £224,995 to £282,954 over the ten years and four months to May 2026, the following assumptions must hold true:

• The value of 2 ROBERT WAY has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The September 2016 sale price of £224,995 represented a fair market value for the property.
• The size, condition, and specification of 2 ROBERT WAY has not materially changed since September 2016.

How Large is 2 ROBERT WAY?

2 ROBERT WAY is 90m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% of terraced houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wivenhoe, and where 2 ROBERT WAY lies on this distribution: 33% of terraced houses houses are smaller than 2 ROBERT WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

2 ROBERT WAY: Plot and Title Map

2 ROBERT WAY sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 2 ROBERT 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 2 ROBERT 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 2 ROBERT WAY?

2 ROBERT WAY is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 2 on ROBERT WAY.