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
34 OLD FERRY ROAD is a midsized extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £410,000 in February 2023, which was around 22% below the average February 2023 detached price in the Colchester local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 34 OLD FERRY ROAD since 1st 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. All of the three 34 OLD FERRY 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 |
---|---|---|---|
2023 10 FEB | £410,000 | £524,839 | 22% below HPI |
2006 28 JUN | £245,000 | £279,204 | 12% below HPI |
2000 14 NOV | £149,950 | £151,538 | 1% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 34 OLD FERRY ROAD sales between November 2000 and February 2023 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 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
34 OLD FERRY ROAD is 107m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 34 OLD FERRY ROAD lies on this distribution: 52% of detached houses are smaller than 34 OLD FERRY ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.
34 OLD FERRY ROAD sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 34 OLD FERRY 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 34 OLD FERRY 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.
34 OLD FERRY ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 34 on OLD FERRY ROAD.