78, ERNEST ROAD, WIVENHOE, COLCHESTER, CO7 9LQ - £285,000

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

78 ERNEST ROAD is a large extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £285,000 in December 2009, which was around 5% above the average December 2009 detached price in the Colchester local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

78 ERNEST ROAD Sold Prices

Land registry data shows two sales for 78 ERNEST ROAD 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. One of the two 78 ERNEST ROAD 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
2009 18 DEC	£285,000	£271,025	5% above HPI
2006 28 APR	£215,000	£278,657	23% below HPI

78 ERNEST 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 two 78 ERNEST ROAD sales from April 2006 and December 2009 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 April 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2009 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 78 ERNEST ROAD?

78 ERNEST ROAD is 117m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 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 78 ERNEST ROAD lies on this distribution: 64% of detached houses are smaller than 78 ERNEST ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

78 ERNEST ROAD: Plot and Title Map

78 ERNEST ROAD sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 78 ERNEST 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 78 ERNEST 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 78 ERNEST ROAD?

78 ERNEST ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 78 on ERNEST ROAD.