1, PARKWOOD AVENUE, WIVENHOE, COLCHESTER, CO7 9AN - £230,000

1 PARKWOOD AVENUE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £230,000 in June 2015, which was around 34% below the average June 2015 detached price in the Colchester local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

1 PARKWOOD AVENUE Sold Prices

Land registry data shows two sales for 1 PARKWOOD 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 1 PARKWOOD AVENUE sales were for below 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
2015 10 JUN	£230,000	£346,020	34% below HPI
2008 29 FEB	£187,000	£308,097	39% below HPI

1 PARKWOOD 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 1 PARKWOOD AVENUE sales from February 2008 and June 2015 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 2008 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 1 PARKWOOD AVENUE?

1 PARKWOOD AVENUE is 78m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 1 PARKWOOD AVENUE lies on this distribution: 15% of detached houses are smaller than 1 PARKWOOD AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

1 PARKWOOD AVENUE: Plot and Title Map

1 PARKWOOD AVENUE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 1 PARKWOOD 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 1 PARKWOOD 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 1 PARKWOOD AVENUE?

1 PARKWOOD AVENUE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 1 on PARKWOOD AVENUE.