60, CHANEY ROAD, WIVENHOE, COLCHESTER, CO7 9RR - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

60 CHANEY ROAD is a very small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £325,715. It was last sold for £275,000 in August 2017, which was around 36% below the average August 2017 detached price in the Colchester local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

60 CHANEY ROAD Sold Prices

Land registry data shows four sales for 60 CHANEY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 60 CHANEY ROAD 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
2017 3 AUG	£275,000	£429,403	36% below HPI
2006 27 MAR	£200,000	£278,425	28% below HPI
2003 2 MAY	£157,000	£231,951	32% below HPI
1996 7 AUG	£60,000	£91,159	34% below HPI

60 CHANEY 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 four 60 CHANEY ROAD sales between August 1996 and August 2017 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 March 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 60 CHANEY ROAD be worth now?

60 CHANEY ROAD might now be worth an estimated £325,715.

This is based on house price inflation of 18.4%, between August 2017 and December 2024, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 60 CHANEY ROAD of £275,000 on 3rd August 2017. For the value to have increased from £275,000 to £325,715 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 60 CHANEY ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 60 CHANEY ROAD has not materially changed since August 2017.

How Large is 60 CHANEY ROAD?

60 CHANEY ROAD is 83m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wivenhoe, and where 60 CHANEY ROAD lies on this distribution: 20% of detached houses houses are smaller than 60 CHANEY ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

60 CHANEY ROAD: Plot and Title Map

60 CHANEY ROAD sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 60 CHANEY 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 60 CHANEY 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 60 CHANEY ROAD?

60 CHANEY ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 60 on CHANEY ROAD.