16, ELMWOOD AVENUE, COLCHESTER, CO2 9HT - £395,000

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

16 ELMWOOD AVENUE is a midsized extended detached house of 113m², built sometime between 2007 and 2011. It was last sold for £395,000 in June 2022, which was around 22% below the average June 2022 detached price in the Colchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

16 ELMWOOD AVENUE Sold Prices

Land registry data shows two sales for 16 ELMWOOD 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 16 ELMWOOD AVENUE 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
2022 30 JUN	£395,000	£504,008	22% below HPI
2008 23 JUL	£207,950	£281,113	26% below HPI

16 ELMWOOD 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 16 ELMWOOD AVENUE sales from July 2008 and June 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 July 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 ELMWOOD AVENUE?

16 ELMWOOD AVENUE is 113m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 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 16 ELMWOOD AVENUE lies on this distribution: 52% of detached houses are smaller than 16 ELMWOOD AVENUE, and 47% of houses are larger. Note that EPC data is not available for all properties in Colchester.

16 ELMWOOD AVENUE: Plot and Title Map

16 ELMWOOD AVENUE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 16 ELMWOOD 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 16 ELMWOOD 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 16 ELMWOOD AVENUE?

16 ELMWOOD AVENUE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 16 on ELMWOOD AVENUE.