7, WESTLAKE CRESCENT, WIVENHOE, COLCHESTER, CO7 9RZ - £360,000

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

7 WESTLAKE CRESCENT is a small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £360,000 in November 2021, which was around 25% below the average November 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

7 WESTLAKE CRESCENT Sold Prices

Land registry data shows three sales for 7 WESTLAKE CRESCENT 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 7 WESTLAKE CRESCENT 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 29 NOV	£360,000	£480,492	25% below HPI
2014 10 OCT	£228,000	£333,306	32% below HPI
2010 14 JUN	£195,000	£280,646	31% below HPI

7 WESTLAKE CRESCENT 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 7 WESTLAKE CRESCENT sales between June 2010 and November 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 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 WESTLAKE CRESCENT?

7 WESTLAKE CRESCENT is 92m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 7 WESTLAKE CRESCENT lies on this distribution: 36% of detached houses are smaller than 7 WESTLAKE CRESCENT, and 64% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

7 WESTLAKE CRESCENT: Plot and Title Map

7 WESTLAKE CRESCENT sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 7 WESTLAKE CRESCENT, 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 WESTLAKE CRESCENT). 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 WESTLAKE CRESCENT?

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