9, FIELD WAY, WIVENHOE, COLCHESTER, CO7 9HG - £230,000

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.

9 FIELD WAY is a very small detached house of 51m², built sometime between 1967 and 1975, which could now be worth an estimated £257,647. It was last sold for £230,000 in October 2020, which was around 49% below the average October 2020 detached price in the Colchester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

9 FIELD WAY Sold Prices

Land registry data shows two sales for 9 FIELD 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 9 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
2020 22 OCT	£230,000	£451,030	49% below HPI
1996 28 JUN	£42,500	£90,601	53% below HPI

9 FIELD 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 9 FIELD WAY sales from June 1996 and October 2020 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 June 1996 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2020 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 9 FIELD WAY be worth now?

9 FIELD WAY might now be worth an estimated £257,647.

This is based on house price inflation of 12%, between October 2020 and March 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 9 FIELD WAY of £230,000 on 22nd October 2020. For the value to have increased from £230,000 to £257,647 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 9 FIELD WAY has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2020 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FIELD WAY has not materially changed since October 2020.

How Large is 9 FIELD WAY?

9 FIELD WAY is 51m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% 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 9 FIELD WAY lies on this distribution: 1% of detached houses houses are smaller than 9 FIELD WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

9 FIELD WAY: Plot and Title Map

9 FIELD WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 9 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 9 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 9 FIELD WAY?

9 FIELD WAY is located in WIVENHOE, in the CO7 postcode district. The below map shows the position of No. 9 on FIELD WAY.