2, TOWER ROAD, WIVENHOE, COLCHESTER, CO7 9QE - £390,000

2 TOWER ROAD is a large detached house of 123m², built sometime between 1950 and 1966. It was last sold for £390,000 in October 2020, which was around 13% below the average October 2020 detached price in the Colchester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

2 TOWER ROAD Sold Prices

Land registry data shows four sales for 2 TOWER ROAD since 1^st 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. Most of the four 2 TOWER ROAD 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
2020 2 OCT	£390,000	£449,794	13% below HPI
2009 7 MAY	£235,000	£230,428	2% above HPI
2004 7 JAN	£228,000	£245,575	7% below HPI
2002 28 OCT	£150,000	£218,214	31% below HPI

2 TOWER ROAD 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 four 2 TOWER ROAD sales between October 2002 and October 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 May 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 TOWER ROAD?

2 TOWER ROAD is 123m² according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 2 TOWER ROAD lies on this distribution: 66% of detached houses are smaller than 2 TOWER ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

2 TOWER ROAD: Plot and Title Map

2 TOWER ROAD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 2 TOWER ROAD, 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 2 TOWER ROAD). 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 2 TOWER ROAD?

2 TOWER ROAD is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 2 on TOWER ROAD.