2, WORSDELL WAY, COLCHESTER, CO4 5WQ - £198,000

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

2 WORSDELL WAY is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £198,000 in March 2011, which was around 30% below the average March 2011 detached price in the Colchester local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

2 WORSDELL WAY Sold Prices

Land registry data shows four sales for 2 WORSDELL 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 2 WORSDELL 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
2011 4 MAR	£198,000	£283,536	30% below HPI
2005 27 APR	£200,000	£265,510	25% below HPI
2001 20 MAR	£129,995	£151,192	14% below HPI
1999 8 NOV	£99,950	£127,719	22% below HPI

2 WORSDELL 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 2 WORSDELL WAY sales between November 1999 and March 2011 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 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2011 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 WORSDELL WAY?

2 WORSDELL WAY is 86m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2 WORSDELL WAY lies on this distribution: 21% of detached houses are smaller than 2 WORSDELL WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 WORSDELL WAY: Plot and Title Map

2 WORSDELL WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 WORSDELL 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 2 WORSDELL 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 2 WORSDELL WAY?

2 WORSDELL WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 2 on WORSDELL WAY.