15, SUFFOLK AVENUE, WEST MERSEA, COLCHESTER, CO5 8ER - £457,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 SUFFOLK AVENUE is a very small extended detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £435,063. It was last sold for £457,500 in December 2022, which was around 13% below the average December 2022 detached price in the Colchester local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

15 SUFFOLK AVENUE Sold Prices

Land registry data shows five sales for 15 SUFFOLK AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 15 SUFFOLK AVENUE 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 7 DEC	£457,500	£528,144	13% below HPI
2006 1 SEP	£216,500	£284,424	24% below HPI
2004 1 JUL	£205,000	£259,751	21% below HPI
2001 22 OCT	£125,000	£174,846	29% below HPI
1997 27 MAR	£60,000	£93,221	36% below HPI

15 SUFFOLK 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 five 15 SUFFOLK AVENUE sales between March 1997 and December 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 September 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 SUFFOLK AVENUE be worth now?

15 SUFFOLK AVENUE might now be worth an estimated £435,063.

This is based on house price deflation of 4.9%, between December 2022 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.9% deflationary decrease is applied to the most recent sale price for 15 SUFFOLK AVENUE of £457,500 on 7th December 2022. For the value to have decreased from £457,500 to £435,063 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 SUFFOLK AVENUE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2022 sale price of £457,500 represented a fair market value for the property.
• The size, condition, and specification of 15 SUFFOLK AVENUE has not materially changed since December 2022.

How Large is 15 SUFFOLK AVENUE?

15 SUFFOLK AVENUE is 74m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Mersea, and where 15 SUFFOLK AVENUE lies on this distribution: 11% of detached houses houses are smaller than 15 SUFFOLK AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

15 SUFFOLK AVENUE: Plot and Title Map

15 SUFFOLK AVENUE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 15 SUFFOLK 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 15 SUFFOLK 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 15 SUFFOLK AVENUE?

15 SUFFOLK AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 15 on SUFFOLK AVENUE.