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
23 BOWES ROAD is a midsized extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £360,000 in May 2019, which was around 16% below the average May 2019 detached price in the Colchester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows four sales for 23 BOWES ROAD since 1st 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 23 BOWES 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 |
---|---|---|---|
2019 22 MAY | £360,000 | £429,757 | 16% below HPI |
2018 27 MAR | £358,000 | £431,085 | 17% below HPI |
2011 21 JUL | £240,000 | £282,927 | 15% below HPI |
2007 21 JUN | £205,000 | £298,941 | 31% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 23 BOWES ROAD sales between June 2007 and May 2019 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 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
23 BOWES ROAD is 105m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 23 BOWES ROAD lies on this distribution: 50% of detached houses are smaller than 23 BOWES ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.
23 BOWES ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 23 BOWES 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 23 BOWES 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.
23 BOWES ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 23 on BOWES ROAD.