24, FIRS ROAD, WEST MERSEA, COLCHESTER, CO5 8JS - £305,000

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

24 FIRS ROAD is a midsized extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £305,000 in August 2015, which was around 14% below the average August 2015 detached price in the Colchester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

24 FIRS ROAD Sold Prices

Land registry data shows two sales for 24 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. Both of the two 24 FIRS ROAD 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
2015 24 AUG	£305,000	£352,908	14% below HPI
2002 30 AUG	£199,995	£205,075	2% below HPI

24 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 24 FIRS ROAD sales from August 2002 and August 2015 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 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 24 FIRS ROAD?

24 FIRS ROAD is 118m², which includes one extension, according to the EPC inspection conducted in July 2014. 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 24 FIRS ROAD lies on this distribution: 53% of detached houses are smaller than 24 FIRS ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

24 FIRS ROAD: Plot and Title Map

24 FIRS ROAD sits on a plot of roughly 0.207 of an acre, or 836m². The below map shows the location of 24 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 24 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 24 FIRS ROAD?

24 FIRS ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 24 on FIRS ROAD.