41, WRIGHTS WAY, LEAVENHEATH, COLCHESTER, CO6 4NS - £280,000

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.

41 WRIGHTS WAY is a very small extended terraced house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £283,345. It was last sold for £280,000 in February 2023, which was around 17% above the average February 2023 terraced price in the Babergh local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

41 WRIGHTS WAY Sold Prices

Land registry data shows four sales for 41 WRIGHTS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Babergh local authority area for the corresponding sale date. All of the four 41 WRIGHTS 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
2023 28 FEB	£280,000	£239,002	17% above HPI
2018 7 DEC	£235,000	£200,899	17% above HPI
2001 23 NOV	£89,995	£78,296	15% above HPI
1995 31 MAR	£47,950	£40,619	18% above HPI

41 WRIGHTS WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Babergh local authority area over time, sourced from the HPI. The four 41 WRIGHTS WAY sales between March 1995 and February 2023 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 December 2018 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2023 sale, which was also at 17% above the HPI.

What might 41 WRIGHTS WAY be worth now?

41 WRIGHTS WAY might now be worth an estimated £283,345.

This is based on house price inflation of 1.2%, between February 2023 and June 2025, for terraced houses, in the Babergh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% inflationary increase is applied to the most recent sale price for 41 WRIGHTS WAY of £280,000 on 28th February 2023. For the value to have increased from £280,000 to £283,345 over the one year and eight months to June 2025, the following assumptions must hold true:

• The value of 41 WRIGHTS WAY has moved in line with the HPI for terraced houses in the Babergh local authority area.
• The February 2023 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 41 WRIGHTS WAY has not materially changed since February 2023.

How Large is 41 WRIGHTS WAY?

41 WRIGHTS WAY is 62m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of terraced houses houses in Leavenheath, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leavenheath, and where 41 WRIGHTS WAY lies on this distribution: 2% of terraced houses houses are smaller than 41 WRIGHTS WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Leavenheath.

41 WRIGHTS WAY: Plot and Title Map

41 WRIGHTS WAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 41 WRIGHTS 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 41 WRIGHTS 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 41 WRIGHTS WAY?

41 WRIGHTS WAY is located in LEAVENHEATH, in the CO6 postcode district. The below map shows the position of No. 41 on WRIGHTS WAY.