27, HOBBS DRIVE, BOXTED, COLCHESTER, CO4 5RZ - £375,000

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

27 HOBBS DRIVE is a small detached house of 101m², built sometime between 1976 and 1982. It was last sold for £375,000 in October 2022, which was around 28% below the average October 2022 detached price in the Colchester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

27 HOBBS DRIVE Sold Prices

Land registry data shows two sales for 27 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 27 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
2022 28 OCT	£375,000	£521,058	28% below HPI
2004 3 JUN	£233,000	£256,983	9% below HPI

27 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 27 HOBBS DRIVE sales from June 2004 and October 2022 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 June 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 27 HOBBS DRIVE?

27 HOBBS DRIVE is 101m² according to the EPC inspection conducted in June 2022. 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 27 HOBBS DRIVE lies on this distribution: 35% of detached houses are smaller than 27 HOBBS DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Boxted Cross.

27 HOBBS DRIVE: Plot and Title Map

27 HOBBS DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 27 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 27 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 27 HOBBS DRIVE?

27 HOBBS DRIVE is located in BOXTED, in the CO4 postcode district. The below map shows the position of No. 27 on HOBBS DRIVE.