20, MELROSE ROAD, WEST MERSEA, COLCHESTER, CO5 8JB - £455,000

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

20 MELROSE ROAD is a midsized extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £455,000 in August 2016, which was around 14% above the average August 2016 detached price in the Colchester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

20 MELROSE ROAD Sold Prices

Land registry data shows three sales for 20 MELROSE ROAD 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. Two of the three 20 MELROSE ROAD sales were for above the average price, whilst one 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
2016 19 AUG	£455,000	£398,471	14% above HPI
2006 25 APR	£303,000	£278,657	9% above HPI
2002 15 MAR	£180,000	£181,389	1% below HPI

20 MELROSE 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 three 20 MELROSE ROAD sales between March 2002 and August 2016 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 April 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2016 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 20 MELROSE ROAD?

20 MELROSE ROAD is 119m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 20 MELROSE ROAD lies on this distribution: 54% of detached houses are smaller than 20 MELROSE ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

20 MELROSE ROAD: Plot and Title Map

20 MELROSE ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 20 MELROSE 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 20 MELROSE 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 20 MELROSE ROAD?

20 MELROSE ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 20 on MELROSE ROAD.