10, MILFORD CLOSE, WIVENHOE, COLCHESTER, CO7 9RF - £70,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 MILFORD CLOSE is a very small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £392,354. It was last sold for £70,000 in September 1995, which was around 23% below the average September 1995 detached price in the Colchester local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

10 MILFORD CLOSE Sold Prices

Land registry data shows two sales for 10 MILFORD 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 10 MILFORD 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
1995 29 SEP	£70,000	£90,738	23% below HPI
1995 28 FEB	£69,995	£93,041	25% below HPI

10 MILFORD 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 10 MILFORD CLOSE sales from February 1995 and September 1995 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 February 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 1995 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 10 MILFORD CLOSE be worth now?

10 MILFORD CLOSE might now be worth an estimated £392,354.

This is based on house price inflation of 460.5%, between September 1995 and December 2024, 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 460.5% inflationary increase is applied to the most recent sale price for 10 MILFORD CLOSE of £70,000 on 29th September 1995. For the value to have increased from £70,000 to £392,354 over the 28 years and nine months to December 2024, the following assumptions must hold true:

• The value of 10 MILFORD CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 1995 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MILFORD CLOSE has not materially changed since September 1995.

How Large is 10 MILFORD CLOSE?

10 MILFORD CLOSE is 82m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% 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 10 MILFORD CLOSE lies on this distribution: 19% of detached houses houses are smaller than 10 MILFORD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

10 MILFORD CLOSE: Plot and Title Map

10 MILFORD CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 10 MILFORD 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 10 MILFORD 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 10 MILFORD CLOSE?

10 MILFORD CLOSE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 10 on MILFORD CLOSE.