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 WEST END MEWS is a very large extended detached house of 207m², built sometime between 1996 and 2002. It was last sold for £810,000 in March 2021, which was around 85% above the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 WEST END MEWS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 2 WEST END MEWS sales were 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 |
---|---|---|---|
2021 30 MAR | £810,000 | £438,624 | 85% above HPI |
2010 12 AUG | £530,000 | £284,644 | 86% above HPI |
2003 11 JUN | £495,000 | £233,411 | 112% above HPI |
2000 24 NOV | £365,000 | £151,538 | 141% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 2 WEST END MEWS sales between November 2000 and March 2021 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 August 2010 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the March 2021 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.
2 WEST END MEWS is 207m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2 WEST END MEWS lies on this distribution: 95% of detached houses are smaller than 2 WEST END MEWS, and 4% of houses are larger. Note that EPC data is not available for all properties in Colchester.
2 WEST END MEWS sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 2 WEST END 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 WEST END 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.
2 WEST END MEWS is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 2 on WEST END MEWS.