15, THE AVENUE, WIVENHOE, COLCHESTER, CO7 9AH - £320,000

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

15 THE AVENUE is a very large extended detached house of 185m², built sometime between 1900 and 1929. It was last sold for £320,000 in June 2009, which was around 33% above the average June 2009 detached price in the Colchester local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

15 THE AVENUE Sold Prices

Land registry data shows two sales for 15 THE AVENUE 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 15 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
2009 11 JUN	£320,000	£240,710	33% above HPI
1997 18 JUL	£115,000	£98,262	17% above HPI

15 THE AVENUE 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 15 THE AVENUE sales from July 1997 and June 2009 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 July 1997 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2009 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 15 THE AVENUE?

15 THE AVENUE is 185m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 15 THE AVENUE lies on this distribution: 92% of detached houses are smaller than 15 THE AVENUE, and 8% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

15 THE AVENUE: Plot and Title Map

15 THE AVENUE sits on a plot of roughly 0.239 of an acre, or 966m². The below map shows the location of 15 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 15 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.

Where is 15 THE AVENUE?

15 THE AVENUE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 15 on THE AVENUE.