16A, FAIRHAVEN AVENUE, WEST MERSEA, COLCHESTER, CO5 8EZ - £670,000

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

16A FAIRHAVEN AVENUE is a large extended detached house of 148m², built sometime between 1983 and 1990. It was last sold for £670,000 in February 2022, which was around 38% above the average February 2022 detached price in the Colchester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was A.

16A FAIRHAVEN AVENUE Sold Prices

Land registry data shows three sales for 16A 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 16A 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
2022 1 FEB	£670,000	£485,508	38% above HPI
2017 18 OCT	£526,000	£433,691	21% above HPI
2014 22 AUG	£249,995	£323,948	23% below HPI

16A 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 16A FAIRHAVEN AVENUE sales between August 2014 and February 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 October 2017 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2022 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 16A FAIRHAVEN AVENUE?

16A FAIRHAVEN AVENUE is 148m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 30% 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 16A FAIRHAVEN AVENUE lies on this distribution: 74% of detached houses are smaller than 16A FAIRHAVEN AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

16A FAIRHAVEN AVENUE: Plot and Title Map

16A FAIRHAVEN AVENUE sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 16A 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 16A 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 16A FAIRHAVEN AVENUE?

16A FAIRHAVEN AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 16A on FAIRHAVEN AVENUE.