14, WOODFIELD DRIVE, WEST MERSEA, COLCHESTER, CO5 8PX - £175,000

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

14 WOODFIELD DRIVE is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £175,000 in January 2004, which was around 29% below the average January 2004 detached price in the Colchester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was A.

14 WOODFIELD DRIVE Sold Prices

Land registry data shows two sales for 14 WOODFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 14 WOODFIELD DRIVE 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
2004 30 JAN	£175,000	£245,575	29% below HPI
2002 7 MAR	£140,000	£181,389	23% below HPI

14 WOODFIELD DRIVE 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 two 14 WOODFIELD DRIVE sales from March 2002 and January 2004 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 March 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2004 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 14 WOODFIELD DRIVE?

14 WOODFIELD DRIVE is 66m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 14 WOODFIELD DRIVE lies on this distribution: 4% of detached houses are smaller than 14 WOODFIELD DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

14 WOODFIELD DRIVE: Plot and Title Map

14 WOODFIELD DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 14 WOODFIELD DRIVE, 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 14 WOODFIELD DRIVE). 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 14 WOODFIELD DRIVE?

14 WOODFIELD DRIVE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 14 on WOODFIELD DRIVE.