1B, PAGET ROAD, WIVENHOE, COLCHESTER, CO7 9DT - £140,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1B PAGET ROAD is a very small detached house of 40m², built sometime between 1983 and 1990. It was last sold for £140,000 in April 2008, which was around 53% below the average April 2008 detached price in the Colchester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

1B PAGET ROAD Sold Prices

Land registry data shows two sales for 1B PAGET ROAD 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 1B PAGET ROAD 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
2008 10 APR	£140,000	£299,217	53% below HPI
2003 21 MAR	£85,000	£227,259	63% below HPI

1B PAGET ROAD 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 1B PAGET ROAD sales from March 2003 and April 2008 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 March 2003 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the April 2008 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 1B PAGET ROAD?

1B PAGET ROAD is 40m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 1B PAGET ROAD lies on this distribution: Less than 1% of detached houses are smaller than 1B PAGET ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

1B PAGET ROAD: Plot and Title Map

1B PAGET ROAD sits on a plot of roughly 0.021 of an acre, or 86m². The below map shows the location of 1B PAGET ROAD, 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 1B PAGET ROAD). 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 1B PAGET ROAD?

1B PAGET ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 1B on PAGET ROAD.