7, FIELD WAY, WIVENHOE, COLCHESTER, CO7 9HG - £274,995

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.

7 FIELD WAY is a very small extended semi-detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £329,974. It was last sold for £274,995 in June 2019, which was around 2% below the average June 2019 semi-detached price in the Colchester local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

7 FIELD WAY Sold Prices

Land registry data shows four sales for 7 FIELD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. All of the four 7 FIELD 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
2019 17 JUN	£274,995	£279,204	2% below HPI
2015 21 AUG	£190,000	£228,530	17% below HPI
2012 3 DEC	£160,000	£187,121	14% below HPI
2006 28 JUL	£145,000	£185,685	22% below HPI

7 FIELD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The four 7 FIELD WAY sales between July 2006 and June 2019 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 August 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 7 FIELD WAY be worth now?

7 FIELD WAY might now be worth an estimated £329,974.

This is based on house price inflation of 20%, between June 2019 and March 2025, for semi-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 20% inflationary increase is applied to the most recent sale price for 7 FIELD WAY of £274,995 on 17th June 2019. For the value to have increased from £274,995 to £329,974 over the six years and three months to March 2025, the following assumptions must hold true:

• The value of 7 FIELD WAY has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The June 2019 sale price of £274,995 represented a fair market value for the property.
• The size, condition, and specification of 7 FIELD WAY has not materially changed since June 2019.

How Large is 7 FIELD WAY?

7 FIELD WAY is 68m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of semi-detached houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wivenhoe, and where 7 FIELD WAY lies on this distribution: 7% of semi-detached houses houses are smaller than 7 FIELD WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

7 FIELD WAY: Plot and Title Map

7 FIELD WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 7 FIELD 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 7 FIELD 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 7 FIELD WAY?

7 FIELD WAY is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 7 on FIELD WAY.