2, PLEASANT PLAINS MEWS, MILE END, COLCHESTER, CO4 5FB - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PLEASANT PLAINS MEWS is a very small detached house of 73m², built sometime from 2012 onwards, which could now be worth an estimated £499,576. It was last sold for £435,000 in August 2018, which was around 1% below the average August 2018 detached price in the Colchester local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

2 PLEASANT PLAINS MEWS Sold Prices

Land registry data shows two sales for 2 PLEASANT PLAINS 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. Both of the two 2 PLEASANT PLAINS MEWS 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
2018 31 AUG	£435,000	£437,321	1% below HPI
2012 2 MAR	£275,000	£282,979	3% below HPI

2 PLEASANT PLAINS 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 PLEASANT PLAINS MEWS sales from March 2012 and August 2018 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 March 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 PLEASANT PLAINS MEWS be worth now?

2 PLEASANT PLAINS MEWS might now be worth an estimated £499,576.

This is based on house price inflation of 14.8%, between August 2018 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.8% inflationary increase is applied to the most recent sale price for 2 PLEASANT PLAINS MEWS of £435,000 on 31st August 2018. For the value to have increased from £435,000 to £499,576 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 PLEASANT PLAINS MEWS has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2018 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PLEASANT PLAINS MEWS has not materially changed since August 2018.

How Large is 2 PLEASANT PLAINS MEWS?

2 PLEASANT PLAINS MEWS is 73m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 2 PLEASANT PLAINS MEWS lies on this distribution: 8% of detached houses houses are smaller than 2 PLEASANT PLAINS MEWS, and 91% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 PLEASANT PLAINS MEWS: Plot and Title Map

2 PLEASANT PLAINS MEWS sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of 2 PLEASANT PLAINS 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 PLEASANT PLAINS 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 PLEASANT PLAINS MEWS?

2 PLEASANT PLAINS MEWS is located in MILE END, in the CO4 postcode district. The below map shows the position of No. 2 on PLEASANT PLAINS MEWS.