24, PARK ROAD, WIVENHOE, COLCHESTER, CO7 9NB - £425,000

24 PARK ROAD is a very large extended detached house of 144m², built sometime between 1976 and 1982. It was last sold for £425,000 in January 2021, which was around 5% below the average January 2021 detached price in the Colchester local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

24 PARK ROAD Sold Prices

Land registry data shows three sales for 24 PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Two of the three 24 PARK ROAD sales were for below the average price, whilst one was 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
2021 26 JAN	£425,000	£447,931	5% below HPI
2015 7 DEC	£397,000	£371,789	7% above HPI
1996 29 OCT	£63,950	£90,937	30% below HPI

24 PARK 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 three 24 PARK ROAD sales between October 1996 and January 2021 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 December 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 24 PARK ROAD?

24 PARK ROAD is 144m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% 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 PARK ROAD lies on this distribution: 80% of detached houses are smaller than 24 PARK ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

24 PARK ROAD: Plot and Title Map

24 PARK ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 24 PARK 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 24 PARK 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 24 PARK ROAD?

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