17, PARKWOOD AVENUE, WIVENHOE, COLCHESTER, CO7 9AN - £380,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 PARKWOOD AVENUE is a small detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £396,977. It was last sold for £380,000 in February 2022, which was around 22% below the average February 2022 detached price in the Colchester local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

17 PARKWOOD AVENUE Sold Prices

Land registry data shows two sales for 17 PARKWOOD 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 17 PARKWOOD 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 2 FEB	£380,000	£486,842	22% below HPI
2004 11 JUN	£194,000	£257,689	25% below HPI

17 PARKWOOD 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 17 PARKWOOD AVENUE sales from June 2004 and February 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 June 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 17 PARKWOOD AVENUE be worth now?

17 PARKWOOD AVENUE might now be worth an estimated £396,977.

This is based on house price inflation of 4.5%, between February 2022 and December 2024, for 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 4.5% inflationary increase is applied to the most recent sale price for 17 PARKWOOD AVENUE of £380,000 on 2nd February 2022. For the value to have increased from £380,000 to £396,977 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 17 PARKWOOD AVENUE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 17 PARKWOOD AVENUE has not materially changed since February 2022.

How Large is 17 PARKWOOD AVENUE?

17 PARKWOOD AVENUE is 85m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wivenhoe, and where 17 PARKWOOD AVENUE lies on this distribution: 25% of detached houses houses are smaller than 17 PARKWOOD AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

17 PARKWOOD AVENUE: Plot and Title Map

17 PARKWOOD AVENUE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 17 PARKWOOD 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 17 PARKWOOD 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 17 PARKWOOD AVENUE?

17 PARKWOOD AVENUE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 17 on PARKWOOD AVENUE.