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
11 COAST ROAD is a very large extended detached house of 245m², built sometime between 1967 and 1975. It was last sold for £1,425,000 in October 2020, which was around 217% above the average October 2020 detached price in the Colchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 11 COAST ROAD 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 11 COAST ROAD sales were for above 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 |
---|---|---|---|
2020 23 OCT | £1,425,000 | £449,794 | 217% above HPI |
2000 14 AUG | £330,550 | £145,978 | 126% above HPI |
1997 23 MAY | £200,000 | £95,181 | 110% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 11 COAST ROAD sales between May 1997 and October 2020 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 August 2000 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the October 2020 sale, where it rises to 217% above the HPI. The line then continues to track at 217% above the HPI.
11 COAST ROAD is 245m², which includes four extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% 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 11 COAST ROAD lies on this distribution: 97% of detached houses are smaller than 11 COAST ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in West Mersea.
11 COAST ROAD sits on a plot of roughly 0.340 of an acre, or 1,375m². The below map shows the location of 11 COAST ROAD, 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 11 COAST ROAD). 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.
11 COAST ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 11 on COAST ROAD.