PARKVIEW, DE VERE LANE, WIVENHOE, COLCHESTER, CO7 9AU - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PARKVIEW is a very small detached house of 80m², built sometime between 2003 and 2006, which could now be worth an estimated £678,968. It was last sold for £380,000 in July 2010, which was around 34% above the average July 2010 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.

PARKVIEW Sold Prices

Land registry data shows two sales for PARKVIEW 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 PARKVIEW 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
2010 19 JUL	£380,000	£282,772	34% above HPI
2007 2 MAY	£372,500	£296,587	26% above HPI

PARKVIEW 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 PARKVIEW sales from May 2007 and July 2010 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 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2010 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might PARKVIEW be worth now?

PARKVIEW might now be worth an estimated £678,968.

This is based on house price inflation of 78.7%, between July 2010 and March 2025, 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 78.7% inflationary increase is applied to the most recent sale price for PARKVIEW of £380,000 on 19th July 2010. For the value to have increased from £380,000 to £678,968 over the fifteen years and four months to March 2025, the following assumptions must hold true:

• The value of PARKVIEW has moved in line with the HPI for detached houses in the Colchester local authority area.
• The July 2010 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of PARKVIEW has not materially changed since July 2010.

How Large is PARKVIEW?

PARKVIEW is 80m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% 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 PARKVIEW lies on this distribution: 16% of detached houses houses are smaller than PARKVIEW, and 83% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

PARKVIEW: Plot and Title Map

PARKVIEW sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of PARKVIEW, 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 PARKVIEW). 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 PARKVIEW?

PARKVIEW is located on DE VERE LANE in WIVENHOE, in the CO7 postcode district. The below map shows the position of PARKVIEW on DE VERE LANE.