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
18 ELM GROVE is a very large extended detached house of 202m², built sometime between 1967 and 1975. It was last sold for £389,000 in August 2011, which was around 36% above the average August 2011 detached price in the Colchester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 18 ELM GROVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the six 18 ELM GROVE 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 |
---|---|---|---|
2011 26 AUG | £389,000 | £285,675 | 36% above HPI |
2006 4 JUL | £310,000 | £279,139 | 11% above HPI |
1999 4 FEB | £150,000 | £113,386 | 32% above HPI |
1997 30 MAY | £124,000 | £95,181 | 30% above HPI |
1995 18 OCT | £69,000 | £89,152 | 23% below HPI |
1995 17 APR | £55,000 | £90,858 | 39% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The six 18 ELM GROVE sales between April 1995 and August 2011 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 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2011 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.
18 ELM GROVE is 202m², which includes two extensions, according to the EPC inspection conducted in March 2023. 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 18 ELM GROVE lies on this distribution: 94% of detached houses are smaller than 18 ELM GROVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.
18 ELM GROVE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 18 ELM GROVE, 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 18 ELM GROVE). 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.
18 ELM GROVE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 18 on ELM GROVE.