283, MERSEA ROAD, COLCHESTER, CO2 8PP - £163,000

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

283 MERSEA ROAD is a very small extended detached house of 74m², built sometime between 1900 and 1929. It was last sold for £163,000 in October 2004, which was around 38% below the average October 2004 detached price in the Colchester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

283 MERSEA ROAD Sold Prices

Land registry data shows three sales for 283 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 283 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
2004 22 OCT	£163,000	£264,165	38% below HPI
2000 24 JUL	£87,000	£145,428	40% below HPI
1999 23 JUL	£74,500	£120,463	38% below HPI

283 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 283 MERSEA ROAD sales between July 1999 and October 2004 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 2000 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2004 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 283 MERSEA ROAD?

283 MERSEA ROAD is 74m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 283 MERSEA ROAD lies on this distribution: 11% of detached houses are smaller than 283 MERSEA ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

283 MERSEA ROAD: Plot and Title Map

283 MERSEA ROAD sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 283 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 283 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 283 MERSEA ROAD?

283 MERSEA ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 283 on MERSEA ROAD.