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
3 WEST QUAY is a large detached house of 126m², built sometime between 1996 and 2002. It was last sold for £365,000 in March 2007, which was around 25% above the average March 2007 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.
Land registry data shows two sales for 3 WEST QUAY since 1st 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 3 WEST QUAY 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 |
---|---|---|---|
2007 30 MAR | £365,000 | £292,927 | 25% above HPI |
2001 29 JUN | £199,950 | £159,369 | 25% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 3 WEST QUAY sales from June 2001 and March 2007 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 June 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2007 sale, which was also at 25% above the HPI.
3 WEST QUAY is 126m² according to the EPC inspection conducted in June 2013. This puts it in the largest 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 3 WEST QUAY lies on this distribution: 69% of detached houses are smaller than 3 WEST QUAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.
3 WEST QUAY sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 3 WEST QUAY, 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 3 WEST QUAY). 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.
3 WEST QUAY is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 3 on WEST QUAY.