1, SUFFOLK AVENUE, WEST MERSEA, COLCHESTER, CO5 8ER - £595,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SUFFOLK AVENUE is a large detached house of 150m², built sometime between 1950 and 1966. It was last sold for £595,000 in July 2023, which was around 18% above the average July 2023 detached price in the Colchester local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

1 SUFFOLK AVENUE Sold Prices

Land registry data shows two sales for 1 SUFFOLK AVENUE 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. One of the two 1 SUFFOLK AVENUE sales was for above the average price, whilst the other was 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
2023 10 JUL	£595,000	£503,500	18% above HPI
1997 28 FEB	£87,000	£91,601	5% below HPI

1 SUFFOLK AVENUE 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 1 SUFFOLK AVENUE sales from February 1997 and July 2023 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 February 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2023 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 1 SUFFOLK AVENUE?

1 SUFFOLK AVENUE is 150m² according to the EPC inspection conducted in April 2023. This puts it in the largest 30% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 1 SUFFOLK AVENUE lies on this distribution: 75% of detached houses are smaller than 1 SUFFOLK AVENUE, and 25% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

1 SUFFOLK AVENUE: Plot and Title Map

1 SUFFOLK AVENUE sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 1 SUFFOLK AVENUE, 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 SUFFOLK AVENUE). 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 SUFFOLK AVENUE?

1 SUFFOLK AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 1 on SUFFOLK AVENUE.