101, ERNEST ROAD, WIVENHOE, COLCHESTER, CO7 9LJ - £525,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

101 ERNEST ROAD is a large extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £525,000 in May 2022, which was around 6% above the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

101 ERNEST ROAD Sold Prices

Land registry data shows three sales for 101 ERNEST ROAD 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. The three 101 ERNEST ROAD sales were a mix of above the average price, roughly equal to the average price, and 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 5 MAY	£525,000	£496,658	6% above HPI
2016 8 JAN	£240,000	£377,002	36% below HPI
2006 19 MAY	£280,000	£279,792	Close to HPI

101 ERNEST ROAD 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 101 ERNEST ROAD sales between May 2006 and May 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 January 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 101 ERNEST ROAD?

101 ERNEST ROAD is 136m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 30% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 101 ERNEST ROAD lies on this distribution: 76% of detached houses are smaller than 101 ERNEST ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

101 ERNEST ROAD: Plot and Title Map

101 ERNEST ROAD sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of 101 ERNEST ROAD, 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 101 ERNEST ROAD). 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 101 ERNEST ROAD?

101 ERNEST ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 101 on ERNEST ROAD.