16, MEREDITHS CLOSE, WIVENHOE, COLCHESTER, CO7 9GD - £219,950

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 MEREDITHS CLOSE is a small extended detached house of 86m², built sometime between 2003 and 2006. It was last sold for £219,950 in November 2006, which was around 24% below the average November 2006 detached price in the Colchester local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

16 MEREDITHS CLOSE Sold Prices

Land registry data shows two sales for 16 MEREDITHS CLOSE 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 MEREDITHS CLOSE 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
2006 3 NOV	£219,950	£288,355	24% below HPI
2005 25 FEB	£197,950	£262,309	25% below HPI

16 MEREDITHS CLOSE 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 MEREDITHS CLOSE sales from February 2005 and November 2006 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 February 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2006 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 16 MEREDITHS CLOSE?

16 MEREDITHS CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 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 16 MEREDITHS CLOSE lies on this distribution: 28% of detached houses are smaller than 16 MEREDITHS CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

16 MEREDITHS CLOSE: Plot and Title Map

16 MEREDITHS CLOSE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 16 MEREDITHS CLOSE, 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 MEREDITHS CLOSE). 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 MEREDITHS CLOSE?

16 MEREDITHS CLOSE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 16 on MEREDITHS CLOSE.