83, ERNEST ROAD, WIVENHOE, COLCHESTER, CO7 9LJ - £380,000

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

83 ERNEST ROAD is a very large extended detached house of 172m², built sometime between 1930 and 1949. It was last sold for £380,000 in September 2016, which was around 6% below the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

83 ERNEST ROAD Sold Prices

Land registry data shows two sales for 83 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. Both of the two 83 ERNEST ROAD 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
2016 2 SEP	£380,000	£405,861	6% below HPI
2002 9 MAY	£157,000	£187,592	16% below HPI

83 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 83 ERNEST ROAD sales from May 2002 and September 2016 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 May 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 83 ERNEST ROAD?

83 ERNEST ROAD is 172m², which includes one extension, according to the EPC inspection conducted in October 2012. 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 83 ERNEST ROAD lies on this distribution: 90% of detached houses are smaller than 83 ERNEST ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

83 ERNEST ROAD: Plot and Title Map

83 ERNEST ROAD sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 83 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 83 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 83 ERNEST ROAD?

83 ERNEST ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 83 on ERNEST ROAD.