11, MELLOR CHASE, COLCHESTER, CO3 9BN - £320,000

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

11 MELLOR CHASE is a very small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £320,000 in June 2021, which was around 28% below the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

11 MELLOR CHASE Sold Prices

Land registry data shows four sales for 11 MELLOR CHASE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 11 MELLOR CHASE 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 30 JUN	£320,000	£442,452	28% below HPI
2019 10 MAY	£265,000	£429,757	38% below HPI
2007 28 FEB	£195,500	£294,497	34% below HPI
1997 18 JUL	£85,500	£98,262	13% below HPI

11 MELLOR CHASE 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 four 11 MELLOR CHASE sales between July 1997 and June 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 May 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 11 MELLOR CHASE?

11 MELLOR CHASE is 79m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 11 MELLOR CHASE lies on this distribution: 13% of detached houses are smaller than 11 MELLOR CHASE, and 87% of houses are larger. Note that EPC data is not available for all properties in Colchester.

11 MELLOR CHASE: Plot and Title Map

11 MELLOR CHASE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 11 MELLOR CHASE, 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 MELLOR CHASE). 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 11 MELLOR CHASE?

11 MELLOR CHASE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 11 on MELLOR CHASE.