5, WATSHAM PLACE, WIVENHOE, COLCHESTER, CO7 9WP - £435,000

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

5 WATSHAM PLACE is a very large detached house of 172m², built sometime from 2007 onwards. It was last sold for £435,000 in August 2015, which was around 23% above the average August 2015 detached price in the Colchester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

5 WATSHAM PLACE Sold Prices

Land registry data shows two sales for 5 WATSHAM PLACE 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 5 WATSHAM PLACE 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
2015 10 AUG	£435,000	£352,908	23% above HPI
2001 16 JUL	£270,000	£163,344	65% above HPI

5 WATSHAM PLACE 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 5 WATSHAM PLACE sales from July 2001 and August 2015 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 2001 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the August 2015 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 5 WATSHAM PLACE?

5 WATSHAM PLACE is 172m² according to the EPC inspection conducted in January 2015. This puts it in the largest 10% 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 WATSHAM PLACE lies on this distribution: 90% of detached houses are smaller than 5 WATSHAM PLACE, and 9% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

5 WATSHAM PLACE: Plot and Title Map

5 WATSHAM PLACE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 5 WATSHAM PLACE, 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 WATSHAM PLACE). 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 WATSHAM PLACE?

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