88, THE AVENUE, WIVENHOE, COLCHESTER, CO7 9PP - £499,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

88 THE AVENUE is a very large extended detached house of 212m², built sometime between 1967 and 1975, which could now be worth an estimated £827,046. It was last sold for £499,995 in February 2014, which was around 63% above the average February 2014 detached price in the Colchester local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

88 THE AVENUE Sold Prices

Land registry data shows two sales for 88 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 88 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
2014 3 FEB	£499,995	£307,472	63% above HPI
2003 17 OCT	£260,000	£236,414	10% above HPI

88 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 88 THE AVENUE sales from October 2003 and February 2014 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 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2014 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 88 THE AVENUE be worth now?

88 THE AVENUE might now be worth an estimated £827,046.

This is based on house price inflation of 65.4%, between February 2014 and December 2024, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.4% inflationary increase is applied to the most recent sale price for 88 THE AVENUE of £499,995 on 3rd February 2014. For the value to have increased from £499,995 to £827,046 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 88 THE AVENUE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2014 sale price of £499,995 represented a fair market value for the property.
• The size, condition, and specification of 88 THE AVENUE has not materially changed since February 2014.

How Large is 88 THE AVENUE?

88 THE AVENUE is 212m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 10% of detached houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wivenhoe, and where 88 THE AVENUE lies on this distribution: 96% of detached houses houses are smaller than 88 THE AVENUE, and 4% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

88 THE AVENUE: Plot and Title Map

88 THE AVENUE sits on a plot of roughly 0.248 of an acre, or 1,003m². The below map shows the location of 88 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 88 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 88 THE AVENUE?

88 THE AVENUE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 88 on THE AVENUE.