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
74 THE AVENUE is a very large extended detached house of 156m², built sometime between 1900 and 1929. It was last sold for £326,000 in June 2010, which was around 16% above the average June 2010 detached price in the Colchester local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 74 THE AVENUE since 1st 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. One of the two 74 THE AVENUE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2010 25 JUN | £326,000 | £280,646 | 16% above HPI |
2002 21 OCT | £165,000 | £218,214 | 24% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 74 THE AVENUE sales from October 2002 and June 2010 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 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2010 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
74 THE AVENUE is 156m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 74 THE AVENUE lies on this distribution: 85% of detached houses are smaller than 74 THE AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.
74 THE AVENUE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 74 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 74 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.
74 THE AVENUE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 74 on THE AVENUE.