2, CYPRESS MEWS, WEST MERSEA, COLCHESTER, CO5 8PY - £240,000

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

2 CYPRESS MEWS is a midsized extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £240,000 in August 2012, which was around 17% below the average August 2012 detached price in the Colchester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

2 CYPRESS MEWS Sold Prices

Land registry data shows two sales for 2 CYPRESS MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the two 2 CYPRESS MEWS sales was for below the average price, whilst the other was for above 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
2012 23 AUG	£240,000	£289,766	17% below HPI
2009 16 OCT	£275,000	£266,955	3% above HPI

2 CYPRESS MEWS 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 two 2 CYPRESS MEWS sales from October 2009 and August 2012 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 2009 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2012 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 CYPRESS MEWS?

2 CYPRESS MEWS is 115m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% 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 2 CYPRESS MEWS lies on this distribution: 49% of detached houses are smaller than 2 CYPRESS MEWS, and 51% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

2 CYPRESS MEWS: Plot and Title Map

2 CYPRESS MEWS sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 2 CYPRESS MEWS, 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 2 CYPRESS MEWS). 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 2 CYPRESS MEWS?

2 CYPRESS MEWS is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 2 on CYPRESS MEWS.