29, RICHARD AVENUE, WIVENHOE, COLCHESTER, CO7 9JQ - £169,000

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.

29 RICHARD AVENUE is a very small terraced house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £320,982. It was last sold for £169,000 in June 2005, which was around 20% above the average June 2005 terraced price in the Colchester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

29 RICHARD AVENUE Sold Prices

Land registry data shows three sales for 29 RICHARD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. All of the three 29 RICHARD AVENUE 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
2005 8 JUN	£169,000	£141,379	20% above HPI
2004 2 APR	£149,000	£127,150	17% above HPI
1997 20 OCT	£50,000	£47,555	5% above HPI

29 RICHARD AVENUE 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 three 29 RICHARD AVENUE sales between October 1997 and June 2005 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 April 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2005 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 29 RICHARD AVENUE be worth now?

29 RICHARD AVENUE might now be worth an estimated £320,982.

This is based on house price inflation of 89.9%, between June 2005 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 89.9% inflationary increase is applied to the most recent sale price for 29 RICHARD AVENUE of £169,000 on 8th June 2005. For the value to have increased from £169,000 to £320,982 over the 21 years and three months to March 2026, the following assumptions must hold true:

• The value of 29 RICHARD AVENUE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The June 2005 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 29 RICHARD AVENUE has not materially changed since June 2005.

How Large is 29 RICHARD AVENUE?

29 RICHARD AVENUE is 68m² 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 29 RICHARD AVENUE lies on this distribution: 7% of terraced houses houses are smaller than 29 RICHARD AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

29 RICHARD AVENUE: Plot and Title Map

29 RICHARD AVENUE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 29 RICHARD AVENUE, 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 29 RICHARD AVENUE). 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 29 RICHARD AVENUE?

29 RICHARD AVENUE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 29 on RICHARD AVENUE.