7, CASTLEWARD CLOSE, WIVENHOE, COLCHESTER, CO7 9NT - £368,000

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

7 CASTLEWARD CLOSE is a small extended detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £386,107. It was last sold for £368,000 in December 2021, which was around 24% below the average December 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

7 CASTLEWARD CLOSE Sold Prices

Land registry data shows four sales for 7 CASTLEWARD CLOSE 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 7 CASTLEWARD 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
2021 10 DEC	£368,000	£484,741	24% below HPI
2017 3 OCT	£318,000	£434,882	27% below HPI
2007 22 MAR	£200,000	£293,732	32% below HPI
1996 10 MAY	£56,000	£89,331	37% below HPI

7 CASTLEWARD 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 four 7 CASTLEWARD CLOSE sales between May 1996 and December 2021 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 October 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 CASTLEWARD CLOSE be worth now?

7 CASTLEWARD CLOSE might now be worth an estimated £386,107.

This is based on house price inflation of 4.9%, between December 2021 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 4.9% inflationary increase is applied to the most recent sale price for 7 CASTLEWARD CLOSE of £368,000 on 10th December 2021. For the value to have increased from £368,000 to £386,107 over the three years to December 2024, the following assumptions must hold true:

• The value of 7 CASTLEWARD CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2021 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CASTLEWARD CLOSE has not materially changed since December 2021.

How Large is 7 CASTLEWARD CLOSE?

7 CASTLEWARD CLOSE is 97m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% 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 7 CASTLEWARD CLOSE lies on this distribution: 39% of detached houses houses are smaller than 7 CASTLEWARD CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

7 CASTLEWARD CLOSE: Plot and Title Map

7 CASTLEWARD CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 7 CASTLEWARD 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 7 CASTLEWARD 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 7 CASTLEWARD CLOSE?

7 CASTLEWARD CLOSE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 7 on CASTLEWARD CLOSE.