16, RICHARD AVENUE, WIVENHOE, COLCHESTER, CO7 9JQ - £145,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 RICHARD AVENUE is a small semi-detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £309,124. It was last sold for £145,000 in January 2009, which was around 7% below the average January 2009 semi-detached price in the Colchester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

16 RICHARD AVENUE Sold Prices

Land registry data shows two sales for 16 RICHARD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 16 RICHARD 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
2009 13 JAN	£145,000	£155,372	7% below HPI
1998 16 DEC	£43,000	£68,827	38% below HPI

16 RICHARD AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 16 RICHARD AVENUE sales from December 1998 and January 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 December 1998 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2009 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 16 RICHARD AVENUE be worth now?

16 RICHARD AVENUE might now be worth an estimated £309,124.

This is based on house price inflation of 113.2%, between January 2009 and February 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 113.2% inflationary increase is applied to the most recent sale price for 16 RICHARD AVENUE of £145,000 on 13th January 2009. For the value to have increased from £145,000 to £309,124 over the fifteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 RICHARD AVENUE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The January 2009 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RICHARD AVENUE has not materially changed since January 2009.

How Large is 16 RICHARD AVENUE?

16 RICHARD AVENUE is 97m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of semi-detached houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wivenhoe, and where 16 RICHARD AVENUE lies on this distribution: 39% of semi-detached houses houses are smaller than 16 RICHARD AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

16 RICHARD AVENUE: Plot and Title Map

16 RICHARD AVENUE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 16 RICHARD 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 RICHARD 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 RICHARD AVENUE?

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