1, HAKEWILL WAY, COLCHESTER, CO4 5GX - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 HAKEWILL WAY is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £195,000 in May 2013, which was around 33% below the average May 2013 detached price in the Colchester local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

1 HAKEWILL WAY Sold Prices

Land registry data shows four sales for 1 HAKEWILL WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 1 HAKEWILL 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
2013 31 MAY	£195,000	£290,038	33% below HPI
2008 23 JAN	£203,000	£310,128	35% below HPI
2006 11 MAY	£177,000	£279,792	37% below HPI
2004 3 DEC	£194,950	£265,516	27% below HPI

1 HAKEWILL 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 four 1 HAKEWILL WAY sales between December 2004 and May 2013 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 January 2008 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2013 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 HAKEWILL WAY?

1 HAKEWILL WAY is 101m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 1 HAKEWILL WAY lies on this distribution: 38% of detached houses are smaller than 1 HAKEWILL WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 HAKEWILL WAY: Plot and Title Map

1 HAKEWILL WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 1 HAKEWILL 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 1 HAKEWILL 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 1 HAKEWILL WAY?

1 HAKEWILL WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 1 on HAKEWILL WAY.