12, SPRING LANE, WIVENHOE, COLCHESTER, CO7 9QD - £600,000

12 SPRING LANE is a very small detached house of 63m², built sometime between 1930 and 1949. It was last sold for £600,000 in August 2017, which was around 40% above the average August 2017 detached price in the Colchester local authority area. The most recent EPC inspection was June 2011, where the current energy rating was F, and the potential energy rating was D.

12 SPRING LANE Sold Prices

Land registry data shows two sales for 12 SPRING LANE 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. One of the two 12 SPRING LANE sales was for above the average price, whilst the other was 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
2017 2 AUG	£600,000	£428,227	40% above HPI
2011 18 AUG	£223,000	£285,675	22% below HPI

12 SPRING LANE 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 12 SPRING LANE sales from August 2011 and August 2017 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 August 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2017 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 12 SPRING LANE?

12 SPRING LANE is 63m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 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 12 SPRING LANE lies on this distribution: 4% of detached houses are smaller than 12 SPRING LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

12 SPRING LANE: Plot and Title Map

12 SPRING LANE sits on a plot of roughly 0.401 of an acre, or 1,621m². The below map shows the location of 12 SPRING LANE, 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 SPRING LANE). 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 SPRING LANE?

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