31, TOWER ROAD, WIVENHOE, COLCHESTER, CO7 9QF - £468,500

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

31 TOWER ROAD is a large detached house of 121m², built sometime between 1991 and 1995. It was last sold for £468,500 in June 2021, which was around 6% above the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

31 TOWER ROAD Sold Prices

Land registry data shows two sales for 31 TOWER 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 31 TOWER 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
2021 4 JUN	£468,500	£442,452	6% above HPI
2014 4 JUL	£332,500	£320,393	4% above HPI

31 TOWER 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 31 TOWER ROAD sales from July 2014 and June 2021 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 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 31 TOWER ROAD?

31 TOWER ROAD is 121m² according to the EPC inspection conducted in March 2010. This puts it in the largest 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 31 TOWER ROAD lies on this distribution: 65% of detached houses are smaller than 31 TOWER ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

31 TOWER ROAD: Plot and Title Map

31 TOWER ROAD sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 31 TOWER 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 31 TOWER 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 31 TOWER ROAD?

31 TOWER ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 31 on TOWER ROAD.