1, VICTORIA CLOSE, WIVENHOE, COLCHESTER, CO7 9PL - £242,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 VICTORIA CLOSE is a midsized detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £389,777. It was last sold for £242,500 in March 2014, which was around 22% below the average March 2014 detached price in the Colchester local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

1 VICTORIA CLOSE Sold Prices

Land registry data shows two sales for 1 VICTORIA CLOSE 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 1 VICTORIA CLOSE 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
2014 20 MAR	£242,500	£312,470	22% below HPI
1995 12 OCT	£81,000	£89,397	9% below HPI

1 VICTORIA CLOSE 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 1 VICTORIA CLOSE sales from October 1995 and March 2014 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 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 1 VICTORIA CLOSE be worth now?

1 VICTORIA CLOSE might now be worth an estimated £389,777.

This is based on house price inflation of 60.7%, between March 2014 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.7% inflationary increase is applied to the most recent sale price for 1 VICTORIA CLOSE of £242,500 on 20th March 2014. For the value to have increased from £242,500 to £389,777 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 1 VICTORIA CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The March 2014 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 1 VICTORIA CLOSE has not materially changed since March 2014.

How Large is 1 VICTORIA CLOSE?

1 VICTORIA CLOSE is 103m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 50% of detached houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wivenhoe, and where 1 VICTORIA CLOSE lies on this distribution: 48% of detached houses houses are smaller than 1 VICTORIA CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

1 VICTORIA CLOSE: Plot and Title Map

1 VICTORIA CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 1 VICTORIA CLOSE, 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 1 VICTORIA CLOSE). 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 1 VICTORIA CLOSE?

1 VICTORIA CLOSE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 1 on VICTORIA CLOSE.