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

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

15 SUFFOLK AVENUE is a very small extended detached house of 74m², built sometime between 1930 and 1949. 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	£526,697	13% below HPI
2006 1 SEP	£216,500	£283,645	24% below HPI
2004 1 JUL	£205,000	£259,039	21% below HPI
2001 22 OCT	£125,000	£174,367	28% below HPI
1997 27 MAR	£60,000	£92,966	35% 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.

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 in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 15 SUFFOLK AVENUE lies on this distribution: 11% of detached 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.