2, FIRS ROAD, WEST MERSEA, COLCHESTER, CO5 8JS - £333,000

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

2 FIRS ROAD is a small detached house of 104m², built sometime between 1976 and 1982. It was last sold for £333,000 in March 2014, which was around 7% above the average March 2014 detached price in the Colchester local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

2 FIRS ROAD Sold Prices

Land registry data shows two sales for 2 FIRS ROAD 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 FIRS ROAD sales was for above the average price, whilst the other 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
2014 5 MAR	£333,000	£311,614	7% above HPI
1999 18 MAY	£97,500	£113,788	14% below HPI

2 FIRS ROAD 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 FIRS ROAD sales from May 1999 and March 2014 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 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 2 FIRS ROAD?

2 FIRS ROAD is 104m² according to the EPC inspection conducted in May 2024. 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 2 FIRS ROAD lies on this distribution: 38% of detached houses are smaller than 2 FIRS ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

2 FIRS ROAD: Plot and Title Map

2 FIRS ROAD sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 2 FIRS 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 2 FIRS 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.

Where is 2 FIRS ROAD?

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