22, RIPPLE WAY, COLCHESTER, CO4 0AW - £282,500

22 RIPPLE WAY is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £282,500 in May 2021, which was around 38% below the average May 2021 detached 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.

22 RIPPLE WAY Sold Prices

Land registry data shows two sales for 22 RIPPLE WAY 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 22 RIPPLE 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
2021 24 MAY	£282,500	£458,258	38% below HPI
2014 1 OCT	£207,000	£333,306	38% below HPI

22 RIPPLE 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 two 22 RIPPLE WAY sales from October 2014 and May 2021 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 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2021 sale, which was also at 38% below the HPI.

How Large is 22 RIPPLE WAY?

22 RIPPLE WAY is 77m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 22 RIPPLE WAY lies on this distribution: 11% of detached houses are smaller than 22 RIPPLE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

22 RIPPLE WAY: Plot and Title Map

22 RIPPLE WAY sits on a plot of roughly 0.056 of an acre, or 229m². The below map shows the location of 22 RIPPLE 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 22 RIPPLE 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 22 RIPPLE WAY?

22 RIPPLE WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 22 on RIPPLE WAY.