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
114 THE AVENUE is a very large extended detached house of 231m², built sometime between 1976 and 1982. It was last sold for £565,000 in October 2014, which was around 70% above the average October 2014 detached price in the Colchester local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 114 THE AVENUE 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 114 THE AVENUE sales were for above 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 31 OCT | £565,000 | £333,306 | 70% above HPI |
2010 27 OCT | £330,000 | £289,614 | 14% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 114 THE AVENUE sales from October 2010 and October 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 2010 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2014 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.
114 THE AVENUE is 231m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 10% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 114 THE AVENUE lies on this distribution: 97% of detached houses are smaller than 114 THE AVENUE, and 3% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.
114 THE AVENUE sits on a plot of roughly 0.236 of an acre, or 955m². The below map shows the location of 114 THE AVENUE, 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 114 THE AVENUE). 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.
114 THE AVENUE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 114 on THE AVENUE.