4, SMITH WAY, COLCHESTER, CO4 9BJ - £659,000

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

4 SMITH WAY is a very large detached house of 191m². It was last sold for £659,000 in November 2022, which was around 75% above the average November 2022 detached price in the Tendring local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was A.

4 SMITH WAY Sold Prices

Land registry data shows two sales for 4 SMITH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two 4 SMITH WAY sales were for above 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 11 NOV	£659,000	£377,347	75% above HPI
2020 23 OCT	£569,995	£308,422	85% above HPI

4 SMITH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 4 SMITH WAY sales from October 2020 and November 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 October 2020 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the November 2022 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 4 SMITH WAY?

4 SMITH WAY is 191m² according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 4 SMITH WAY lies on this distribution: 93% of detached houses are smaller than 4 SMITH WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 SMITH WAY: Plot and Title Map

4 SMITH WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 4 SMITH 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 4 SMITH 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 4 SMITH WAY?

4 SMITH WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 4 on SMITH WAY.