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
11 WYCH ELM is a midsized extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £230,000 in September 2014, which was around 30% below the average September 2014 detached price in the Colchester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 11 WYCH ELM since 1st 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 11 WYCH ELM 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 25 SEP | £230,000 | £327,175 | 30% below HPI |
1999 6 JAN | £70,500 | £113,809 | 38% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 11 WYCH ELM sales from January 1999 and September 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 January 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
11 WYCH ELM is 109m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 11 WYCH ELM lies on this distribution: 47% of detached houses are smaller than 11 WYCH ELM, and 52% of houses are larger. Note that EPC data is not available for all properties in Colchester.
11 WYCH ELM sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 11 WYCH ELM, 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 11 WYCH ELM). 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.
11 WYCH ELM is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 11 on WYCH ELM.