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
37 ERNEST ROAD is a midsized detached house of 100m², built sometime between 1991 and 1995. It was last sold for £230,000 in July 2010, which was around 18% below the average July 2010 detached price in the Colchester local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 37 ERNEST ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 37 ERNEST 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 |
---|---|---|---|
2010 26 JUL | £230,000 | £281,998 | 18% below HPI |
2009 27 JUL | £225,000 | £252,592 | 11% below HPI |
2006 12 JUL | £218,000 | £279,139 | 22% below HPI |
2003 4 SEP | £173,500 | £237,303 | 27% below HPI |
2000 16 JUN | £89,600 | £143,838 | 38% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The five 37 ERNEST ROAD sales between June 2000 and July 2010 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 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2010 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
37 ERNEST ROAD is 100m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 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 37 ERNEST ROAD lies on this distribution: 46% of detached houses are smaller than 37 ERNEST ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.
37 ERNEST ROAD sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 37 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 37 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.
37 ERNEST ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 37 on ERNEST ROAD.