5, CONWAY CLOSE, WIVENHOE, COLCHESTER, CO7 9RH - £330,000

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

5 CONWAY CLOSE is a small extended detached house of 88m², built sometime between 1991 and 1995. It was last sold for £330,000 in November 2020, which was around 27% below the average November 2020 detached price in the Colchester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

5 CONWAY CLOSE Sold Prices

Land registry data shows three sales for 5 CONWAY CLOSE since 1^st 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 5 CONWAY CLOSE 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
2020 24 NOV	£330,000	£454,919	27% below HPI
2015 12 JAN	£220,000	£333,004	34% below HPI
1996 20 NOV	£55,000	£92,053	40% below HPI

5 CONWAY CLOSE 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 three 5 CONWAY CLOSE sales between November 1996 and November 2020 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 January 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 CONWAY CLOSE?

5 CONWAY CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 5 CONWAY CLOSE lies on this distribution: 31% of detached houses are smaller than 5 CONWAY CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

5 CONWAY CLOSE: Plot and Title Map

5 CONWAY CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 5 CONWAY CLOSE, 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 5 CONWAY CLOSE). 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 5 CONWAY CLOSE?

5 CONWAY CLOSE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 5 on CONWAY CLOSE.