1, SHEERWATER MEWS, COLCHESTER, CO4 3FL - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SHEERWATER MEWS is a large detached house of 127m², built sometime between 1983 and 1990. It was last sold for £370,000 in March 2021, which was around 16% below the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

1 SHEERWATER MEWS Sold Prices

Land registry data shows five sales for 1 SHEERWATER MEWS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 1 SHEERWATER MEWS 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
2021 22 MAR	£370,000	£438,624	16% below HPI
2015 9 OCT	£295,000	£364,658	19% below HPI
2006 22 MAY	£245,500	£279,792	12% below HPI
2002 18 OCT	£189,000	£218,214	13% below HPI
1996 30 APR	£82,100	£88,870	8% below HPI

1 SHEERWATER MEWS 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 five 1 SHEERWATER MEWS sales between April 1996 and March 2021 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 October 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 SHEERWATER MEWS?

1 SHEERWATER MEWS is 127m² according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 1 SHEERWATER MEWS lies on this distribution: 66% of detached houses are smaller than 1 SHEERWATER MEWS, and 33% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 SHEERWATER MEWS: Plot and Title Map

1 SHEERWATER MEWS sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 1 SHEERWATER MEWS, 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 1 SHEERWATER MEWS). 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 1 SHEERWATER MEWS?

1 SHEERWATER MEWS is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 1 on SHEERWATER MEWS.