20, BOBBITS WAY, WIVENHOE, COLCHESTER, CO7 9NJ - £297,000

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.

20 BOBBITS WAY is a very small semi-detached house of 64m², built sometime between 1983 and 1990, which could now be worth an estimated £295,926. It was last sold for £297,000 in August 2022, which was around 11% below the average August 2022 semi-detached price in the Colchester local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

20 BOBBITS WAY Sold Prices

Land registry data shows four sales for 20 BOBBITS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the four 20 BOBBITS 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
2022 25 AUG	£297,000	£332,965	11% below HPI
2018 1 AUG	£239,995	£281,589	15% below HPI
2002 15 FEB	£102,000	£109,382	7% below HPI
1998 4 DEC	£55,000	£68,827	20% below HPI

20 BOBBITS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The four 20 BOBBITS WAY sales between December 1998 and August 2022 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 August 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 20 BOBBITS WAY be worth now?

20 BOBBITS WAY might now be worth an estimated £295,926.

This is based on house price deflation of 0.4%, between August 2022 and May 2026, for semi-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 0.4% deflationary decrease is applied to the most recent sale price for 20 BOBBITS WAY of £297,000 on 25th August 2022. For the value to have decreased from £297,000 to £295,926 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 20 BOBBITS WAY has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The August 2022 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 20 BOBBITS WAY has not materially changed since August 2022.

How Large is 20 BOBBITS WAY?

20 BOBBITS WAY is 64m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of semi-detached houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wivenhoe, and where 20 BOBBITS WAY lies on this distribution: 4% of semi-detached houses houses are smaller than 20 BOBBITS WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

20 BOBBITS WAY: Plot and Title Map

20 BOBBITS WAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 20 BOBBITS 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 20 BOBBITS 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 20 BOBBITS WAY?

20 BOBBITS WAY is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 20 on BOBBITS WAY.