44, RICHARD AVENUE, WIVENHOE, COLCHESTER, CO7 9HY - £122,000

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.

44 RICHARD AVENUE is a very small terraced house of 49m², built sometime between 1967 and 1975, which could now be worth an estimated £185,443. It was last sold for £122,000 in December 2014, which was around 31% below the average December 2014 terraced price in the Colchester local authority area. The most recent EPC inspection was January 2017, where the current energy rating was G, and the potential energy rating was B.

44 RICHARD AVENUE Sold Prices

Land registry data shows three sales for 44 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 44 RICHARD 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
2014 18 DEC	£122,000	£176,552	31% below HPI
2004 9 NOV	£103,000	£137,086	25% below HPI
1997 11 AUG	£33,000	£47,640	31% below HPI

44 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 44 RICHARD AVENUE sales between August 1997 and December 2014 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 November 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 44 RICHARD AVENUE be worth now?

44 RICHARD AVENUE might now be worth an estimated £185,443.

This is based on house price inflation of 52%, between December 2014 and August 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 52% inflationary increase is applied to the most recent sale price for 44 RICHARD AVENUE of £122,000 on 18th December 2014. For the value to have increased from £122,000 to £185,443 over the eleven years and four months to August 2025, the following assumptions must hold true:

• The value of 44 RICHARD AVENUE has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The December 2014 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 44 RICHARD AVENUE has not materially changed since December 2014.

How Large is 44 RICHARD AVENUE?

44 RICHARD AVENUE is 49m² according to the EPC inspection conducted in January 2017. 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 44 RICHARD AVENUE lies on this distribution: 1% of terraced houses houses are smaller than 44 RICHARD AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

44 RICHARD AVENUE: Plot and Title Map

44 RICHARD AVENUE sits on a plot of roughly 0.012 of an acre, or 48m². The below map shows the location of 44 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 44 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 44 RICHARD AVENUE?

44 RICHARD AVENUE is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 44 on RICHARD AVENUE.