2, MICHAEL WRIGHT WAY, GREAT BENTLEY, COLCHESTER, CO7 8GH - £530,000

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.

2 MICHAEL WRIGHT WAY is a very large detached house of 154m², built in 2018, which could now be worth an estimated £596,956. It was last sold for £530,000 in September 2020, which was around 64% above the average September 2020 detached price in the Tendring local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

2 MICHAEL WRIGHT WAY Sold Prices

Land registry data shows one sale for 2 MICHAEL WRIGHT WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Tendring local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 4 SEP	£530,000	£322,817	64% above HPI

What might 2 MICHAEL WRIGHT WAY be worth now?

2 MICHAEL WRIGHT WAY might now be worth an estimated £596,956.

This is based on house price inflation of 12.6%, between September 2020 and April 2026, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 2 MICHAEL WRIGHT WAY of £530,000 on 4th September 2020. For the value to have increased from £530,000 to £596,956 over the six years and five months to April 2026, the following assumptions must hold true:

• The value of 2 MICHAEL WRIGHT WAY has moved in line with the HPI for detached houses in the Tendring local authority area.
• The September 2020 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MICHAEL WRIGHT WAY has not materially changed since September 2020.

How Large is 2 MICHAEL WRIGHT WAY?

2 MICHAEL WRIGHT WAY is 154m² according to the EPC inspection conducted in September 2020. This puts it in the largest 20% of detached houses in Great Bentley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Bentley, and where 2 MICHAEL WRIGHT WAY lies on this distribution: 80% of detached houses are smaller than 2 MICHAEL WRIGHT WAY, and 18% of detached houses are larger. Note that EPC data is not available for all properties in Great Bentley.

2 MICHAEL WRIGHT WAY: Plot

2 MICHAEL WRIGHT WAY sits on a plot of roughly 0.361 of an acre, or 1,460m².

Where is 2 MICHAEL WRIGHT WAY?

2 MICHAEL WRIGHT WAY is located in GREAT BENTLEY, in the CO7 postcode district.