49, PARK ROAD, WIVENHOE, COLCHESTER, CO7 9LS - £685,000

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

49 PARK ROAD is a very large extended detached house of 144m², built sometime from 2012 onwards. It was last sold for £685,000 in September 2023, which was around 36% above the average September 2023 detached price in the Colchester local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

49 PARK ROAD Sold Prices

Land registry data shows two sales for 49 PARK 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. One of the two 49 PARK ROAD sales was for above the average price, whilst the other was 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 29 SEP	£685,000	£503,529	36% above HPI
2022 6 JUL	£475,000	£508,068	7% below HPI

49 PARK 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 49 PARK ROAD sales from July 2022 and September 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 July 2022 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2023 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 49 PARK ROAD?

49 PARK ROAD is 144m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 20% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 49 PARK ROAD lies on this distribution: 81% of detached houses are smaller than 49 PARK ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

49 PARK ROAD: Plot and Title Map

49 PARK ROAD sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 49 PARK 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 49 PARK 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 49 PARK ROAD?

49 PARK ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 49 on PARK ROAD.