22, CAROLINE CLOSE, WIVENHOE, COLCHESTER, CO7 9SD - £232,500

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.

22 CAROLINE CLOSE is a very small semi-detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £277,928. It was last sold for £232,500 in February 2020, which was around 16% below the average February 2020 semi-detached price in the Colchester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

22 CAROLINE CLOSE Sold Prices

Land registry data shows three sales for 22 CAROLINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the three 22 CAROLINE CLOSE 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
2020 28 FEB	£232,500	£277,095	16% below HPI
2015 16 APR	£190,000	£222,132	14% below HPI
1998 9 APR	£54,000	£66,707	19% below HPI

22 CAROLINE CLOSE 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 three 22 CAROLINE CLOSE sales between April 1998 and February 2020 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 April 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 22 CAROLINE CLOSE be worth now?

22 CAROLINE CLOSE might now be worth an estimated £277,928.

This is based on house price inflation of 19.5%, between February 2020 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 19.5% inflationary increase is applied to the most recent sale price for 22 CAROLINE CLOSE of £232,500 on 28th February 2020. For the value to have increased from £232,500 to £277,928 over the five years to February 2025, the following assumptions must hold true:

• The value of 22 CAROLINE CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The February 2020 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 22 CAROLINE CLOSE has not materially changed since February 2020.

How Large is 22 CAROLINE CLOSE?

22 CAROLINE CLOSE is 65m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 22 CAROLINE CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 22 CAROLINE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

22 CAROLINE CLOSE: Plot and Title Map

22 CAROLINE CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 22 CAROLINE CLOSE, 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 22 CAROLINE CLOSE). 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 22 CAROLINE CLOSE?

22 CAROLINE CLOSE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 22 on CAROLINE CLOSE.