7, PADDOCK WAY, WIVENHOE, COLCHESTER, CO7 9HL - £283,000

7 PADDOCK WAY is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £283,000 in September 2019, which was around 36% below the average September 2019 detached price in the Colchester local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

7 PADDOCK WAY Sold Prices

Land registry data shows three sales for 7 PADDOCK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 7 PADDOCK 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 6 SEP	£283,000	£442,036	36% below HPI
2007 19 NOV	£220,000	£303,680	28% below HPI
2007 20 JUL	£175,000	£303,833	42% below HPI

7 PADDOCK 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 three 7 PADDOCK WAY sales between July 2007 and September 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 November 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 7 PADDOCK WAY?

7 PADDOCK WAY is 64m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses by size in Wivenhoe, and where 7 PADDOCK WAY lies on this distribution: 5% of detached houses are smaller than 7 PADDOCK WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

7 PADDOCK WAY: Plot and Title Map

7 PADDOCK WAY sits on a plot of roughly 0.078 of an acre, or 318m². The below map shows the location of 7 PADDOCK 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 PADDOCK 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 PADDOCK WAY?

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