12, FAIRHAVEN AVENUE, WEST MERSEA, COLCHESTER, CO5 8EZ - £450,000

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

12 FAIRHAVEN AVENUE is a very large extended detached house of 192m², built sometime between 2003 and 2006. It was last sold for £450,000 in October 2014, which was around 35% above the average October 2014 detached price in the Colchester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

12 FAIRHAVEN AVENUE Sold Prices

Land registry data shows three sales for 12 FAIRHAVEN AVENUE 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. Two of the three 12 FAIRHAVEN AVENUE sales were for above the average price, whilst one 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
2014 3 OCT	£450,000	£333,306	35% above HPI
2006 14 DEC	£449,000	£292,913	53% above HPI
2003 12 DEC	£180,000	£240,695	25% below HPI

12 FAIRHAVEN 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 three 12 FAIRHAVEN AVENUE sales between December 2003 and October 2014 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 December 2006 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the October 2014 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 12 FAIRHAVEN AVENUE?

12 FAIRHAVEN AVENUE is 192m², which includes two extensions, according to the EPC inspection conducted in March 2014. 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 12 FAIRHAVEN AVENUE lies on this distribution: 90% of detached houses are smaller than 12 FAIRHAVEN AVENUE, and 10% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

12 FAIRHAVEN AVENUE: Plot and Title Map

12 FAIRHAVEN AVENUE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 12 FAIRHAVEN 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 12 FAIRHAVEN 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 12 FAIRHAVEN AVENUE?

12 FAIRHAVEN AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 12 on FAIRHAVEN AVENUE.