1, VICTORIA MEWS, WEST MERSEA, COLCHESTER, CO5 8GE - £600,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 VICTORIA MEWS is a midsized detached house of 124m², built sometime between 2003 and 2006, which could now be worth an estimated £623,840. It was last sold for £600,000 in May 2024, which was around 23% above the average May 2024 detached price in the Colchester local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

1 VICTORIA MEWS Sold Prices

Land registry data shows three sales for 1 VICTORIA MEWS 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. The three 1 VICTORIA MEWS sales were a mix of above the average price, and roughly equal to 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
2024 31 MAY	£600,000	£489,156	23% above HPI
2018 10 JUL	£435,000	£434,215	Close to HPI
2005 10 OCT	£300,000	£269,157	11% above HPI

1 VICTORIA 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 three 1 VICTORIA MEWS sales between October 2005 and May 2024 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 July 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 1 VICTORIA MEWS be worth now?

1 VICTORIA MEWS might now be worth an estimated £623,840.

This is based on house price inflation of 4%, between May 2024 and December 2024, 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 4% inflationary increase is applied to the most recent sale price for 1 VICTORIA MEWS of £600,000 on 31st May 2024. For the value to have increased from £600,000 to £623,840 over the five months to December 2024, the following assumptions must hold true:

• The value of 1 VICTORIA MEWS has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2024 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 1 VICTORIA MEWS has not materially changed since May 2024.

How Large is 1 VICTORIA MEWS?

1 VICTORIA MEWS is 124m² according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Mersea, and where 1 VICTORIA MEWS lies on this distribution: 58% of detached houses houses are smaller than 1 VICTORIA MEWS, and 42% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

1 VICTORIA MEWS: Plot and Title Map

1 VICTORIA MEWS sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 1 VICTORIA 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 VICTORIA 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 VICTORIA MEWS?

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