6, WESLEY AVENUE, COLCHESTER, CO4 3AT - £172,500

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

6 WESLEY AVENUE is a very small semi-detached house of 51m², built sometime between 1967 and 1975. It was last sold for £172,500 in June 2013, which was around 40% below the average June 2013 detached price in the Colchester local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was B.

6 WESLEY AVENUE Sold Prices

Land registry data shows two sales for 6 WESLEY AVENUE 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 6 WESLEY AVENUE 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
2013 27 JUN	£172,500	£288,622	40% below HPI
2003 27 NOV	£159,950	£238,979	33% below HPI

6 WESLEY AVENUE 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 6 WESLEY AVENUE sales from November 2003 and June 2013 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 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2013 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 6 WESLEY AVENUE?

6 WESLEY AVENUE is 51m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 6 WESLEY AVENUE lies on this distribution: 1% of detached houses are smaller than 6 WESLEY AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

6 WESLEY AVENUE: Plot and Title Map

6 WESLEY AVENUE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 6 WESLEY AVENUE, 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 6 WESLEY AVENUE). 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 6 WESLEY AVENUE?

6 WESLEY AVENUE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 6 on WESLEY AVENUE.