23, ERNEST ROAD, WIVENHOE, COLCHESTER, CO7 9LQ - £472,500

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

23 ERNEST ROAD is a large extended detached house of 142m², built sometime between 1930 and 1949. It was last sold for £472,500 in August 2020, which was around 9% above the average August 2020 detached price in the Colchester local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

23 ERNEST ROAD Sold Prices

Land registry data shows two sales for 23 ERNEST 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 23 ERNEST ROAD 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
2020 20 AUG	£472,500	£432,960	9% above HPI
2000 31 AUG	£165,000	£145,978	13% above HPI

23 ERNEST 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 23 ERNEST ROAD sales from August 2000 and August 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 August 2000 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 23 ERNEST ROAD?

23 ERNEST ROAD is 142m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 20% 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 ERNEST ROAD lies on this distribution: 80% of detached houses are smaller than 23 ERNEST ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

23 ERNEST ROAD: Plot and Title Map

23 ERNEST ROAD sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 23 ERNEST 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 ERNEST 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 23 ERNEST ROAD?

23 ERNEST ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 23 on ERNEST ROAD.