1A, BLACKWATER DRIVE, WEST MERSEA, COLCHESTER, CO5 8NJ - £530,000

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

1A BLACKWATER DRIVE is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £530,000 in April 2023, which was around 2% above the average April 2023 detached price in the Colchester local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

1A BLACKWATER DRIVE Sold Prices

Land registry data shows three sales for 1A BLACKWATER DRIVE 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. One of the three 1A BLACKWATER DRIVE sales was for above the average price, whilst two 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
2023 14 APR	£530,000	£519,323	2% above HPI
2021 14 MAY	£362,500	£438,139	17% below HPI
1997 30 MAY	£93,000	£95,181	2% below HPI

1A BLACKWATER 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 three 1A BLACKWATER DRIVE sales between May 1997 and April 2023 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 May 2021 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 1A BLACKWATER DRIVE?

1A BLACKWATER DRIVE is 100m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% 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 1A BLACKWATER DRIVE lies on this distribution: 35% of detached houses are smaller than 1A BLACKWATER DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

1A BLACKWATER DRIVE: Plot and Title Map

1A BLACKWATER DRIVE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 1A BLACKWATER 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 1A BLACKWATER 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 1A BLACKWATER DRIVE?

1A BLACKWATER DRIVE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 1A on BLACKWATER DRIVE.