22, ALMA STREET, WIVENHOE, COLCHESTER, CO7 9DL - £190,000

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.

22 ALMA STREET is a very small terraced house of 43m², built sometime before 1900, which could now be worth an estimated £225,438. It was last sold for £190,000 in July 2019, which was around 16% below the average July 2019 terraced price in the Colchester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was B.

22 ALMA STREET Sold Prices

Land registry data shows four sales for 22 ALMA STREET 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. two of the four 22 ALMA STREET sales were for below the average price, and four 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
2019 2 JUL	£190,000	£226,311	16% below HPI
2002 29 NOV	£120,000	£103,988	15% above HPI
2001 23 FEB	£72,000	£70,190	3% above HPI
1998 31 MAR	£42,500	£50,508	16% below HPI

22 ALMA STREET 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 22 ALMA STREET sales between March 1998 and July 2019 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 November 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 22 ALMA STREET be worth now?

22 ALMA STREET might now be worth an estimated £225,438.

This is based on house price inflation of 18.7%, between July 2019 and March 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 18.7% inflationary increase is applied to the most recent sale price for 22 ALMA STREET of £190,000 on 2nd July 2019. For the value to have increased from £190,000 to £225,438 over the seven years and four months to March 2026, the following assumptions must hold true:

• The value of 22 ALMA STREET has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The July 2019 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 22 ALMA STREET has not materially changed since July 2019.

How Large is 22 ALMA STREET?

22 ALMA STREET is 43m² according to the EPC inspection conducted in February 2019. 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 22 ALMA STREET lies on this distribution: Less than 1% of terraced houses houses are smaller than 22 ALMA STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

22 ALMA STREET: Plot and Title Map

22 ALMA STREET sits on a plot of roughly 0.011 of an acre, or 45m². The below map shows the location of 22 ALMA STREET, 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 22 ALMA STREET). 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 22 ALMA STREET?

22 ALMA STREET is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 22 on ALMA STREET.