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
THE OLD RECTORY is a very large detached house of 470m², built sometime before 1900. It was last sold for £1,300,000 in April 2021, which was around 198% above the average April 2021 detached price in the Colchester local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for THE OLD RECTORY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four THE OLD RECTORY 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 1 APR | £1,300,000 | £436,072 | 198% above HPI |
2019 12 APR | £1,150,000 | £433,153 | 165% above HPI |
2001 20 NOV | £660,000 | £176,209 | 275% above HPI |
1997 2 DEC | £325,000 | £100,710 | 223% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four THE OLD RECTORY sales between December 1997 and April 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 April 2019 sale was for 165% above the HPI. So the extrapolation line tracks at 165% above the HPI over time, until the April 2021 sale, where it rises to 198% above the HPI. The line then continues to track at 198% above the HPI.
THE OLD RECTORY is 470m² according to the EPC inspection conducted in September 2018. 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 THE OLD RECTORY lies on this distribution: More than 99% of detached houses are smaller than THE OLD RECTORY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.
THE OLD RECTORY sits on a plot of roughly 0.635 of an acre, or 2,571m². The below map shows the location of THE OLD RECTORY, 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 THE OLD RECTORY). 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.
THE OLD RECTORY is located on CROQUET GARDENS in WIVENHOE, in the CO7 postcode district. The below map shows the position of THE OLD RECTORY on CROQUET GARDENS.