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
42A BROOME GROVE is a large extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £168,500 in August 2005, which was around 37% below the average August 2005 detached price in the Colchester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 42A BROOME GROVE 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 42A BROOME GROVE 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 |
---|---|---|---|
2005 4 AUG | £168,500 | £268,904 | 37% below HPI |
1996 28 NOV | £60,000 | £92,053 | 35% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 42A BROOME GROVE sales from November 1996 and August 2005 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 November 1996 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2005 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
42A BROOME GROVE is 116m², which includes two extensions, according to the EPC inspection conducted in June 2015. 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 42A BROOME GROVE lies on this distribution: 62% of detached houses are smaller than 42A BROOME GROVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.
42A BROOME GROVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 42A BROOME GROVE, 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 42A BROOME GROVE). 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.
42A BROOME GROVE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 42A on BROOME GROVE.