38, PARKWOOD AVENUE, WIVENHOE, COLCHESTER, CO7 9AN - £392,500

38 PARKWOOD AVENUE is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £392,500 in August 2017, which was around 8% below the average August 2017 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.

38 PARKWOOD AVENUE Sold Prices

Land registry data shows two sales for 38 PARKWOOD AVENUE 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 38 PARKWOOD AVENUE 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
2017 18 AUG	£392,500	£428,227	8% below HPI
1995 12 OCT	£65,000	£89,152	27% below HPI

38 PARKWOOD AVENUE 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 38 PARKWOOD AVENUE sales from October 1995 and August 2017 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 October 1995 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 38 PARKWOOD AVENUE?

38 PARKWOOD AVENUE is 82m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 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 38 PARKWOOD AVENUE lies on this distribution: 18% of detached houses are smaller than 38 PARKWOOD AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

38 PARKWOOD AVENUE: Plot and Title Map

38 PARKWOOD AVENUE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 38 PARKWOOD 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 38 PARKWOOD 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 38 PARKWOOD AVENUE?

38 PARKWOOD AVENUE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 38 on PARKWOOD AVENUE.