4, SOPHY WAY, COLCHESTER, CO4 6AH - £300,000

4 SOPHY WAY is a small detached house of 87m². It was last sold for £300,000 in August 2022, which was around 44% below the average August 2022 detached price in the Colchester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was A.

4 SOPHY WAY Sold Prices

Land registry data shows two sales for 4 SOPHY 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 4 SOPHY 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 12 AUG	£300,000	£534,718	44% below HPI
2016 15 JUL	£225,000	£389,996	42% below HPI

4 SOPHY 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 4 SOPHY WAY sales from July 2016 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 July 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2022 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 4 SOPHY WAY?

4 SOPHY WAY is 87m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 4 SOPHY WAY lies on this distribution: 22% of detached houses are smaller than 4 SOPHY WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 SOPHY WAY: Plot and Title Map

4 SOPHY WAY sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 4 SOPHY 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 4 SOPHY 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 4 SOPHY WAY?

4 SOPHY WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 4 on SOPHY WAY.