3, PLEASANT MEWS, WEST MERSEA, COLCHESTER, CO5 8UQ - £87,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 PLEASANT MEWS is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £353,468. It was last sold for £87,000 in September 1999, which was around 30% below the average September 1999 detached price in the Colchester local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

3 PLEASANT MEWS Sold Prices

Land registry data shows two sales for 3 PLEASANT MEWS 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 3 PLEASANT MEWS 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
1999 17 SEP	£87,000	£123,618	30% below HPI
1998 25 MAR	£75,000	£106,003	29% below HPI

3 PLEASANT MEWS 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 3 PLEASANT MEWS sales from March 1998 and September 1999 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 March 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 1999 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 PLEASANT MEWS be worth now?

3 PLEASANT MEWS might now be worth an estimated £353,468.

This is based on house price inflation of 306.3%, between September 1999 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 306.3% inflationary increase is applied to the most recent sale price for 3 PLEASANT MEWS of £87,000 on 17th September 1999. For the value to have increased from £87,000 to £353,468 over the 26 years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 PLEASANT MEWS has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 1999 sale price of £87,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PLEASANT MEWS has not materially changed since September 1999.

How Large is 3 PLEASANT MEWS?

3 PLEASANT MEWS is 74m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Mersea, and where 3 PLEASANT MEWS lies on this distribution: 11% of detached houses houses are smaller than 3 PLEASANT MEWS, and 89% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

3 PLEASANT MEWS: Plot and Title Map

3 PLEASANT MEWS sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 3 PLEASANT MEWS, 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 3 PLEASANT MEWS). 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 3 PLEASANT MEWS?

3 PLEASANT MEWS is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 3 on PLEASANT MEWS.