46, MICHAEL WRIGHT WAY, GREAT BENTLEY, COLCHESTER, CO7 8GH - £407,400

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.

46 MICHAEL WRIGHT WAY is a very small detached house of 91m², built in 2022, which could now be worth an estimated £408,641. It was last sold for £407,400 in May 2022, which was around 11% above the average May 2022 detached price in the Tendring local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

46 MICHAEL WRIGHT WAY Sold Prices

Land registry data shows one sale for 46 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
2022 23 MAY	£407,400	£367,693	11% above HPI

What might 46 MICHAEL WRIGHT WAY be worth now?

46 MICHAEL WRIGHT WAY might now be worth an estimated £408,641.

This is based on house price inflation of 0.3%, between May 2022 and May 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 0.3% inflationary increase is applied to the most recent sale price for 46 MICHAEL WRIGHT WAY of £407,400 on 23rd May 2022. For the value to have increased from £407,400 to £408,641 over the four years to May 2026, the following assumptions must hold true:

• The value of 46 MICHAEL WRIGHT WAY has moved in line with the HPI for detached houses in the Tendring local authority area.
• The May 2022 sale price of £407,400 represented a fair market value for the property.
• The size, condition, and specification of 46 MICHAEL WRIGHT WAY has not materially changed since May 2022.

How Large is 46 MICHAEL WRIGHT WAY?

46 MICHAEL WRIGHT WAY is 91m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 46 MICHAEL WRIGHT WAY lies on this distribution: 12% of detached houses are smaller than 46 MICHAEL WRIGHT WAY, and 85% of detached houses are larger. Note that EPC data is not available for all properties in Great Bentley.

46 MICHAEL WRIGHT WAY: Plot

46 MICHAEL WRIGHT WAY sits on a plot of roughly 0.076 of an acre, or 309m².

Where is 46 MICHAEL WRIGHT WAY?

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