21, ELMWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8RD - £255,000

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

21 ELMWOOD DRIVE is a small extended semi-detached house of 86m², built sometime between 1967 and 1975. It was last sold for £255,000 in March 2016, which was around 32% below the average March 2016 detached price in the Colchester local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

21 ELMWOOD DRIVE Sold Prices

Land registry data shows three sales for 21 ELMWOOD DRIVE 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. All of the three 21 ELMWOOD DRIVE 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
2016 22 MAR	£255,000	£373,797	32% below HPI
2004 23 JUL	£216,000	£259,039	17% below HPI
2002 1 FEB	£140,000	£179,770	22% below HPI

21 ELMWOOD DRIVE 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 21 ELMWOOD DRIVE sales between February 2002 and March 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 July 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 21 ELMWOOD DRIVE?

21 ELMWOOD DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% 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 21 ELMWOOD DRIVE lies on this distribution: 22% of detached houses are smaller than 21 ELMWOOD DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

21 ELMWOOD DRIVE: Plot and Title Map

21 ELMWOOD DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 21 ELMWOOD DRIVE, 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 21 ELMWOOD DRIVE). 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 21 ELMWOOD DRIVE?

21 ELMWOOD DRIVE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 21 on ELMWOOD DRIVE.