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
94 ERNEST ROAD is a large extended detached house of 122m², built sometime between 1976 and 1982. It was last sold for £290,000 in March 2013, which was about the average March 2013 detached price in the Colchester local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 94 ERNEST ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. The three 94 ERNEST ROAD sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2013 26 MAR | £290,000 | £289,443 | Close to HPI |
2000 22 MAR | £143,400 | £135,902 | 6% above HPI |
1998 30 JAN | £117,000 | £102,807 | 14% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 94 ERNEST ROAD sales between January 1998 and March 2013 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 March 2000 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2013 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
94 ERNEST ROAD is 122m², which includes one extension, according to the EPC inspection conducted in November 2012. 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 94 ERNEST ROAD lies on this distribution: 66% of detached houses are smaller than 94 ERNEST ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.
94 ERNEST ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 94 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 94 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.
94 ERNEST ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 94 on ERNEST ROAD.