72, THE AVENUE, WIVENHOE, COLCHESTER, CO7 9PN - £625,000

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

72 THE AVENUE is a very large extended detached house of 175m², built sometime between 1950 and 1966. It was last sold for £625,000 in October 2015, which was around 71% above the average October 2015 detached price in the Colchester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

72 THE AVENUE Sold Prices

Land registry data shows two sales for 72 THE 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 72 THE AVENUE 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 21 OCT	£625,000	£364,658	71% above HPI
2004 8 JAN	£315,000	£245,575	28% above HPI

72 THE 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 72 THE AVENUE sales from January 2004 and October 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 January 2004 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2015 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 72 THE AVENUE?

72 THE AVENUE is 175m², which includes two extensions, according to the EPC inspection conducted in May 2016. 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 72 THE AVENUE lies on this distribution: 91% of detached houses are smaller than 72 THE AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

72 THE AVENUE: Plot and Title Map

72 THE AVENUE sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 72 THE 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 72 THE 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 72 THE AVENUE?

72 THE AVENUE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 72 on THE AVENUE.