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
10 WALL MEWS is a very small detached house of 75m². It was last sold for £325,000 in September 2022, which was around 37% below the average September 2022 detached price in the Colchester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 10 WALL MEWS since 1st 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. All of the three 10 WALL 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 |
---|---|---|---|
2022 23 SEP | £325,000 | £512,793 | 37% below HPI |
2017 7 JUN | £273,000 | £422,755 | 35% below HPI |
2014 9 MAY | £189,995 | £314,158 | 40% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 10 WALL MEWS sales between May 2014 and September 2022 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 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
10 WALL MEWS is 75m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 10 WALL MEWS lies on this distribution: 12% of detached houses are smaller than 10 WALL MEWS, and 85% of houses are larger. Note that EPC data is not available for all properties in Berechurch.
10 WALL MEWS sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 10 WALL 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 10 WALL 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.
10 WALL MEWS is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 10 on WALL MEWS.