38, WATERFRONT PROMENADE, ROWHEDGE, COLCHESTER, CO5 7BB - £655,000

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

38 WATERFRONT PROMENADE is a very large detached house of 156m². It was last sold for £655,000 in September 2021, which was around 42% above the average September 2021 detached price in the Colchester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

38 WATERFRONT PROMENADE Sold Prices

Land registry data shows two sales for 38 WATERFRONT PROMENADE 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 38 WATERFRONT PROMENADE 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 6 SEP	£655,000	£462,560	42% above HPI
2019 8 JUL	£524,995	£436,896	20% above HPI

38 WATERFRONT PROMENADE 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 38 WATERFRONT PROMENADE sales from July 2019 and September 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 2019 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2021 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 38 WATERFRONT PROMENADE?

38 WATERFRONT PROMENADE is 156m² according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Rowhedge, based on EPC data. The below chart shows the distribution of detached houses by size in Rowhedge, and where 38 WATERFRONT PROMENADE lies on this distribution: 89% of detached houses are smaller than 38 WATERFRONT PROMENADE, and 10% of houses are larger. Note that EPC data is not available for all properties in Rowhedge.

38 WATERFRONT PROMENADE: Plot and Title Map

38 WATERFRONT PROMENADE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 38 WATERFRONT PROMENADE, 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 38 WATERFRONT PROMENADE). 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 38 WATERFRONT PROMENADE?

38 WATERFRONT PROMENADE is located in ROWHEDGE, in the CO5 postcode district. The below map shows the position of No. 38 on WATERFRONT PROMENADE.