CROSS FARM, COLCHESTER ROAD, WIVENHOE, COLCHESTER, CO7 9EU - £730,000

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

CROSS FARM is a very large extended detached house of 180m², built sometime before 1900. It was last sold for £730,000 in August 2021, which was around 60% above the average August 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

CROSS FARM Sold Prices

Land registry data shows three sales for CROSS FARM since 1^st 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. All of the three CROSS FARM 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
2021 17 AUG	£730,000	£456,042	60% above HPI
2012 17 FEB	£470,000	£283,490	66% above HPI
2005 27 OCT	£285,000	£268,420	6% above HPI

CROSS FARM 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 three CROSS FARM sales between October 2005 and August 2021 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 February 2012 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the August 2021 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is CROSS FARM?

CROSS FARM is 180m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 CROSS FARM lies on this distribution: 92% of detached houses are smaller than CROSS FARM, and 8% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

CROSS FARM: Plot and Title Map

CROSS FARM sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of CROSS FARM, 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 CROSS FARM). 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 CROSS FARM?

CROSS FARM is located on COLCHESTER ROAD in WIVENHOE, in the CO7 postcode district. The below map shows the position of CROSS FARM on COLCHESTER ROAD.