Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
192 MERSEA ROAD is a midsized detached house of 106m², built sometime between 1930 and 1949. It was last sold for £300,000 in August 2024, which was around 41% below the average August 2024 detached price in the Colchester local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 192 MERSEA ROAD since 1st 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. All of the three 192 MERSEA ROAD 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 |
---|---|---|---|
2024 21 AUG | £300,000 | £509,235 | 41% below HPI |
2005 26 APR | £100,000 | £265,510 | 62% below HPI |
1997 15 APR | £72,500 | £93,153 | 22% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 192 MERSEA ROAD sales between April 1997 and August 2024 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 April 2005 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the August 2024 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.
192 MERSEA ROAD is 106m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 192 MERSEA ROAD lies on this distribution: 44% of detached houses are smaller than 192 MERSEA ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Colchester.
192 MERSEA ROAD sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 192 MERSEA ROAD, 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 192 MERSEA ROAD). 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.
192 MERSEA ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 192 on MERSEA ROAD.