44, WRIGHTS WAY, LEAVENHEATH, COLCHESTER, CO6 4NR - £233,500

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.

44 WRIGHTS WAY is a very small semi-detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £282,248. It was last sold for £233,500 in August 2020, which was around 10% below the average August 2020 semi-detached price in the Babergh local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

44 WRIGHTS WAY Sold Prices

Land registry data shows four sales for 44 WRIGHTS 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 Babergh local authority area for the corresponding sale date. All of the four 44 WRIGHTS 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
2020 10 AUG	£233,500	£259,987	10% below HPI
2018 3 APR	£224,000	£266,257	16% below HPI
2011 8 APR	£153,000	£180,782	15% below HPI
2005 8 JUN	£149,500	£167,072	11% below HPI

44 WRIGHTS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Babergh local authority area over time, sourced from the HPI. The four 44 WRIGHTS WAY sales between June 2005 and August 2020 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 April 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 44 WRIGHTS WAY be worth now?

44 WRIGHTS WAY might now be worth an estimated £282,248.

This is based on house price inflation of 20.9%, between August 2020 and June 2025, for semi-detached 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 20.9% inflationary increase is applied to the most recent sale price for 44 WRIGHTS WAY of £233,500 on 10th August 2020. For the value to have increased from £233,500 to £282,248 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 44 WRIGHTS WAY has moved in line with the HPI for semi-detached houses in the Babergh local authority area.
• The August 2020 sale price of £233,500 represented a fair market value for the property.
• The size, condition, and specification of 44 WRIGHTS WAY has not materially changed since August 2020.

How Large is 44 WRIGHTS WAY?

44 WRIGHTS WAY is 58m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of semi-detached houses houses in Leavenheath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Leavenheath, and where 44 WRIGHTS WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 44 WRIGHTS WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Leavenheath.

44 WRIGHTS WAY: Plot and Title Map

44 WRIGHTS WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 44 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 44 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 44 WRIGHTS WAY?

44 WRIGHTS WAY is located in LEAVENHEATH, in the CO6 postcode district. The below map shows the position of No. 44 on WRIGHTS WAY.