24, ELIZABETH WAY, WIVENHOE, COLCHESTER, CO7 9JA - £245,000

24 ELIZABETH WAY is a very small detached house of 57m², built sometime between 1976 and 1982. It was last sold for £245,000 in January 2018, which was around 43% below the average January 2018 detached price in the Colchester local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

24 ELIZABETH WAY Sold Prices

Land registry data shows two sales for 24 ELIZABETH WAY 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. Both of the two 24 ELIZABETH WAY 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
2018 29 JAN	£245,000	£432,750	43% below HPI
2005 24 FEB	£165,000	£262,309	37% below HPI

24 ELIZABETH WAY 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 24 ELIZABETH WAY sales from February 2005 and January 2018 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 February 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2018 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 24 ELIZABETH WAY?

24 ELIZABETH WAY is 57m² according to the EPC inspection conducted in May 2017. 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 24 ELIZABETH WAY lies on this distribution: 2% of detached houses are smaller than 24 ELIZABETH WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

24 ELIZABETH WAY: Plot and Title Map

24 ELIZABETH WAY sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 24 ELIZABETH 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 24 ELIZABETH 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 24 ELIZABETH WAY?

24 ELIZABETH WAY is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 24 on ELIZABETH WAY.