6, 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

6 HOBBS DRIVE is a small extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £375,000 in November 2017, which was around 13% below the average November 2017 detached price in the Colchester local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

6 HOBBS DRIVE Sold Prices

Land registry data shows three sales for 6 HOBBS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 6 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
2017 20 NOV	£375,000	£432,437	13% below HPI
2017 23 JAN	£277,000	£408,341	32% below HPI
2016 18 NOV	£220,000	£409,775	46% below HPI

6 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 three 6 HOBBS DRIVE sales between November 2016 and November 2017 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 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 6 HOBBS DRIVE?

6 HOBBS DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% 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 6 HOBBS DRIVE lies on this distribution: 27% of detached houses are smaller than 6 HOBBS DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Boxted Cross.

6 HOBBS DRIVE: Plot and Title Map

6 HOBBS DRIVE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 6 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 6 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 6 HOBBS DRIVE?

6 HOBBS DRIVE is located in BOXTED, in the CO4 postcode district. The below map shows the position of No. 6 on HOBBS DRIVE.