4, VALFREDA WAY, WIVENHOE, COLCHESTER, CO7 9PJ - £350,000

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.

4 VALFREDA WAY is a small detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £391,985. It was last sold for £350,000 in February 2021, which was around 21% below the average February 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

4 VALFREDA WAY Sold Prices

Land registry data shows two sales for 4 VALFREDA 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 4 VALFREDA 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
2021 2 FEB	£350,000	£443,987	21% below HPI
2006 3 JUL	£235,000	£279,906	16% below HPI

4 VALFREDA 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 4 VALFREDA WAY sales from July 2006 and February 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 July 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 VALFREDA WAY be worth now?

4 VALFREDA WAY might now be worth an estimated £391,985.

This is based on house price inflation of 12%, between February 2021 and June 2025, for detached 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 12% inflationary increase is applied to the most recent sale price for 4 VALFREDA WAY of £350,000 on 2nd February 2021. For the value to have increased from £350,000 to £391,985 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 4 VALFREDA WAY has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 4 VALFREDA WAY has not materially changed since February 2021.

How Large is 4 VALFREDA WAY?

4 VALFREDA WAY is 96m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wivenhoe, and where 4 VALFREDA WAY lies on this distribution: 38% of detached houses houses are smaller than 4 VALFREDA WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

4 VALFREDA WAY: Plot and Title Map

4 VALFREDA WAY sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 4 VALFREDA 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 4 VALFREDA 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 4 VALFREDA WAY?

4 VALFREDA WAY is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 4 on VALFREDA WAY.