12, SPINDRIFT WAY, WIVENHOE, COLCHESTER, CO7 9GW - £211,500

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.

12 SPINDRIFT WAY is a very small terraced house of 71m², built sometime between 2003 and 2006, which could now be worth an estimated £363,103. It was last sold for £211,500 in October 2012, which was around 39% above the average October 2012 terraced price in the Colchester local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

12 SPINDRIFT WAY Sold Prices

Land registry data shows four sales for 12 SPINDRIFT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. All of the four 12 SPINDRIFT WAY 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
2012 11 OCT	£211,500	£151,817	39% above HPI
2011 12 JUL	£215,000	£148,962	44% above HPI
2003 10 OCT	£162,500	£113,922	43% above HPI
2002 19 DEC	£144,950	£105,110	38% above HPI

12 SPINDRIFT WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The four 12 SPINDRIFT WAY sales between December 2002 and October 2012 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 July 2011 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2012 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 12 SPINDRIFT WAY be worth now?

12 SPINDRIFT WAY might now be worth an estimated £363,103.

This is based on house price inflation of 71.7%, between October 2012 and June 2025, for terraced 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 71.7% inflationary increase is applied to the most recent sale price for 12 SPINDRIFT WAY of £211,500 on 11th October 2012. For the value to have increased from £211,500 to £363,103 over the thirteen years and four months to June 2025, the following assumptions must hold true:

• The value of 12 SPINDRIFT WAY has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The October 2012 sale price of £211,500 represented a fair market value for the property.
• The size, condition, and specification of 12 SPINDRIFT WAY has not materially changed since October 2012.

How Large is 12 SPINDRIFT WAY?

12 SPINDRIFT WAY is 71m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of terraced houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wivenhoe, and where 12 SPINDRIFT WAY lies on this distribution: 8% of terraced houses houses are smaller than 12 SPINDRIFT WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

12 SPINDRIFT WAY: Plot and Title Map

12 SPINDRIFT WAY sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 12 SPINDRIFT WAY, 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 12 SPINDRIFT WAY). 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 12 SPINDRIFT WAY?

12 SPINDRIFT WAY is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 12 on SPINDRIFT WAY.