32, SPINDRIFT WAY, WIVENHOE, COLCHESTER, CO7 9GW - £662,500

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.

32 SPINDRIFT WAY is a large extended terraced house of 125m², built sometime between 2003 and 2006, which could now be worth an estimated £626,093. It was last sold for £662,500 in December 2022, which was around 140% above the average December 2022 terraced price in the Colchester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

32 SPINDRIFT WAY Sold Prices

Land registry data shows three sales for 32 SPINDRIFT WAY 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 32 SPINDRIFT WAY 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
2022 15 DEC	£662,500	£275,795	140% above HPI
2014 5 SEP	£382,500	£171,744	123% above HPI
2004 6 FEB	£294,950	£122,434	141% above HPI

32 SPINDRIFT WAY 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 32 SPINDRIFT WAY sales between February 2004 and December 2022 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 2014 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the December 2022 sale, where it rises to 140% above the HPI. The line then continues to track at 140% above the HPI.

What might 32 SPINDRIFT WAY be worth now?

32 SPINDRIFT WAY might now be worth an estimated £626,093.

This is based on house price deflation of 5.5%, between December 2022 and June 2025, 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 5.5% deflationary decrease is applied to the most recent sale price for 32 SPINDRIFT WAY of £662,500 on 15th December 2022. For the value to have decreased from £662,500 to £626,093 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 32 SPINDRIFT WAY has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The December 2022 sale price of £662,500 represented a fair market value for the property.
• The size, condition, and specification of 32 SPINDRIFT WAY has not materially changed since December 2022.

How Large is 32 SPINDRIFT WAY?

32 SPINDRIFT WAY is 125m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 32 SPINDRIFT WAY lies on this distribution: 68% of terraced houses houses are smaller than 32 SPINDRIFT WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

32 SPINDRIFT WAY: Plot and Title Map

32 SPINDRIFT WAY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 32 SPINDRIFT 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 32 SPINDRIFT 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 32 SPINDRIFT WAY?

32 SPINDRIFT WAY is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 32 on SPINDRIFT WAY.