27, ERNEST ROAD, WIVENHOE, COLCHESTER, CO7 9LQ - £265,000

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

27 ERNEST ROAD is a small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £265,000 in May 2012, which was around 6% below the average May 2012 detached price in the Colchester local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

27 ERNEST ROAD Sold Prices

Land registry data shows three sales for 27 ERNEST ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Two of the three 27 ERNEST ROAD sales were for below the average price, whilst one was 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
2012 25 MAY	£265,000	£281,618	6% below HPI
2001 18 JUL	£175,000	£163,344	7% above HPI
2000 12 OCT	£100,000	£151,032	34% below HPI

27 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 three 27 ERNEST ROAD sales between October 2000 and May 2012 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 July 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 27 ERNEST ROAD?

27 ERNEST ROAD is 91m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 27 ERNEST ROAD lies on this distribution: 35% of detached houses are smaller than 27 ERNEST ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

27 ERNEST ROAD: Plot and Title Map

27 ERNEST ROAD sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 27 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 27 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 27 ERNEST ROAD?

27 ERNEST ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 27 on ERNEST ROAD.