5, HEREWARD CLOSE, WIVENHOE, COLCHESTER, CO7 9SB - £110,000

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.

5 HEREWARD CLOSE is a semi-detached house, which could now be worth an estimated £297,577. It was last sold for £110,000 in July 2002, which was around 10% below the average July 2002 semi-detached price in the Colchester local authority area.

5 HEREWARD CLOSE Sold Prices

Land registry data shows two sales for 5 HEREWARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 5 HEREWARD CLOSE 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
2002 25 JUL	£110,000	£122,636	10% below HPI
1997 30 MAY	£55,000	£59,648	8% below HPI

What might 5 HEREWARD CLOSE be worth now?

5 HEREWARD CLOSE might now be worth an estimated £297,577.

This is based on house price inflation of 170.5%, between July 2002 and May 2026, 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 170.5% inflationary increase is applied to the most recent sale price for 5 HEREWARD CLOSE of £110,000 on 25th July 2002. For the value to have increased from £110,000 to £297,577 over the 24 years and two months to May 2026, the following assumptions must hold true:

• The value of 5 HEREWARD CLOSE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The July 2002 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HEREWARD CLOSE has not materially changed since July 2002.

Where is 5 HEREWARD CLOSE?

5 HEREWARD CLOSE is located in WIVENHOE, in the CO7 postcode district.