15, HOBBS DRIVE, BOXTED, COLCHESTER, CO4 5RZ - £360,000

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

15 HOBBS DRIVE is a small detached house of 104m², built sometime between 1976 and 1982. It was last sold for £360,000 in January 2020, which was around 16% below the average January 2020 detached price in the Colchester local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

15 HOBBS DRIVE Sold Prices

Land registry data shows two sales for 15 HOBBS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 15 HOBBS DRIVE 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 24 JAN	£360,000	£428,216	16% below HPI
2005 25 FEB	£250,000	£262,309	5% below HPI

15 HOBBS DRIVE 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 two 15 HOBBS DRIVE sales from February 2005 and January 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 February 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 15 HOBBS DRIVE?

15 HOBBS DRIVE is 104m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses in Boxted Cross, based on EPC data. The below chart shows the distribution of detached houses by size in Boxted Cross, and where 15 HOBBS DRIVE lies on this distribution: 37% of detached houses are smaller than 15 HOBBS DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Boxted Cross.

15 HOBBS DRIVE: Plot and Title Map

15 HOBBS DRIVE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 15 HOBBS DRIVE, 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 15 HOBBS DRIVE). 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 15 HOBBS DRIVE?

15 HOBBS DRIVE is located in BOXTED, in the CO4 postcode district. The below map shows the position of No. 15 on HOBBS DRIVE.