8, WORSDELL WAY, COLCHESTER, CO4 5WQ - £515,000

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

8 WORSDELL WAY is a large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £515,000 in October 2022, which was around 1% below the average October 2022 detached price in the Colchester local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

8 WORSDELL WAY Sold Prices

Land registry data shows four sales for 8 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. Most of the four 8 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
2022 14 OCT	£515,000	£521,058	1% below HPI
2012 8 MAR	£240,000	£282,204	15% below HPI
2008 28 NOV	£230,000	£246,750	7% below HPI
1999 28 MAY	£121,000	£113,788	6% above HPI

8 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 8 WORSDELL WAY sales between May 1999 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 March 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 8 WORSDELL WAY?

8 WORSDELL WAY is 129m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 8 WORSDELL WAY lies on this distribution: 67% of detached houses are smaller than 8 WORSDELL WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 WORSDELL WAY: Plot and Title Map

8 WORSDELL WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 8 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 8 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 8 WORSDELL WAY?

8 WORSDELL WAY is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 8 on WORSDELL WAY.