116, THE AVENUE, WIVENHOE, COLCHESTER, CO7 9PP - £555,000

116 THE AVENUE is a very large extended detached house of 162m², built sometime before 1900. It was last sold for £555,000 in November 2020, which was around 22% above the average November 2020 detached price in the Colchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

116 THE AVENUE Sold Prices

Land registry data shows three sales for 116 THE AVENUE 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 116 THE AVENUE 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
2020 9 NOV	£555,000	£454,919	22% above HPI
2012 2 APR	£370,000	£281,519	31% above HPI
1997 31 JUL	£137,250	£98,262	40% above HPI

116 THE 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 three 116 THE AVENUE sales between July 1997 and November 2020 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 2012 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2020 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 116 THE AVENUE?

116 THE AVENUE is 162m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 116 THE AVENUE lies on this distribution: 88% of detached houses are smaller than 116 THE AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

116 THE AVENUE: Plot and Title Map

116 THE AVENUE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 116 THE 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 116 THE 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 116 THE AVENUE?

116 THE AVENUE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 116 on THE AVENUE.