275, MERSEA ROAD, COLCHESTER, CO2 8PP - £377,000

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

275 MERSEA ROAD is a very large extended detached house of 155m², built sometime between 1930 and 1949. It was last sold for £377,000 in October 2020, which was around 16% below the average October 2020 detached price in the Colchester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

275 MERSEA ROAD Sold Prices

Land registry data shows three sales for 275 MERSEA 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. All of the three 275 MERSEA 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
2020 14 OCT	£377,000	£449,794	16% below HPI
2001 12 OCT	£152,995	£174,367	12% below HPI
1999 8 OCT	£122,995	£125,966	2% below HPI

275 MERSEA 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 275 MERSEA ROAD sales between October 1999 and October 2020 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 October 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 275 MERSEA ROAD?

275 MERSEA ROAD is 155m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 275 MERSEA ROAD lies on this distribution: 94% of detached houses are smaller than 275 MERSEA ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

275 MERSEA ROAD: Plot and Title Map

275 MERSEA ROAD sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 275 MERSEA 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 275 MERSEA 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 275 MERSEA ROAD?

275 MERSEA ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 275 on MERSEA ROAD.