2, WATSHAM PLACE, WIVENHOE, COLCHESTER, CO7 9WP - £248,450

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.

2 WATSHAM PLACE is a large extended terraced house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £500,302. It was last sold for £248,450 in June 2004, which was around 88% above the average June 2004 terraced price in the Colchester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 WATSHAM PLACE Sold Prices

Land registry data shows two sales for 2 WATSHAM PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. Both of the two 2 WATSHAM PLACE 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
2004 18 JUN	£248,450	£131,884	88% above HPI
2001 10 SEP	£159,950	£79,511	101% above HPI

2 WATSHAM PLACE 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 two 2 WATSHAM PLACE sales from September 2001 and June 2004 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 September 2001 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the June 2004 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might 2 WATSHAM PLACE be worth now?

2 WATSHAM PLACE might now be worth an estimated £500,302.

This is based on house price inflation of 101.4%, between June 2004 and May 2026, 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 101.4% inflationary increase is applied to the most recent sale price for 2 WATSHAM PLACE of £248,450 on 18th June 2004. For the value to have increased from £248,450 to £500,302 over the 22 years and one month to May 2026, the following assumptions must hold true:

• The value of 2 WATSHAM PLACE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The June 2004 sale price of £248,450 represented a fair market value for the property.
• The size, condition, and specification of 2 WATSHAM PLACE has not materially changed since June 2004.

How Large is 2 WATSHAM PLACE?

2 WATSHAM PLACE is 118m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% 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 2 WATSHAM PLACE lies on this distribution: 63% of terraced houses houses are smaller than 2 WATSHAM PLACE, and 37% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

2 WATSHAM PLACE: Plot and Title Map

2 WATSHAM PLACE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 2 WATSHAM PLACE, 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 WATSHAM PLACE). 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 WATSHAM PLACE?

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