2, WESTLAKE CRESCENT, WIVENHOE, COLCHESTER, CO7 9RZ - £280,000

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

2 WESTLAKE CRESCENT is a small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £280,000 in June 2017, which was around 34% below the average June 2017 detached price in the Colchester local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

2 WESTLAKE CRESCENT Sold Prices

Land registry data shows four sales for 2 WESTLAKE CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 2 WESTLAKE CRESCENT 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
2017 12 JUN	£280,000	£422,755	34% below HPI
2011 16 DEC	£190,000	£286,632	34% below HPI
2005 26 OCT	£172,500	£268,420	36% below HPI
2002 28 JUN	£155,000	£190,467	19% below HPI

2 WESTLAKE CRESCENT 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 four 2 WESTLAKE CRESCENT sales between June 2002 and June 2017 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 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2017 sale, which was also at 34% below the HPI.

How Large is 2 WESTLAKE CRESCENT?

2 WESTLAKE CRESCENT is 86m² according to the EPC inspection conducted in December 2010. 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 2 WESTLAKE CRESCENT lies on this distribution: 27% of detached houses are smaller than 2 WESTLAKE CRESCENT, and 73% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

2 WESTLAKE CRESCENT: Plot and Title Map

2 WESTLAKE CRESCENT sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 2 WESTLAKE CRESCENT, 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 2 WESTLAKE CRESCENT). 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 2 WESTLAKE CRESCENT?

2 WESTLAKE CRESCENT is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 2 on WESTLAKE CRESCENT.