34, EAST ROAD, WEST MERSEA, COLCHESTER, CO5 8EP - £482,000

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

34 EAST ROAD is a large extended detached house of 149m², built sometime between 1967 and 1975. It was last sold for £482,000 in June 2021, which was around 9% above the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

34 EAST ROAD Sold Prices

Land registry data shows three sales for 34 EAST 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. One of the three 34 EAST ROAD sales was for above the average price, whilst two 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
2021 1 JUN	£482,000	£442,452	9% above HPI
2013 11 NOV	£287,000	£304,252	6% below HPI
2007 26 JAN	£269,995	£294,293	8% below HPI

34 EAST 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 34 EAST ROAD sales between January 2007 and June 2021 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 November 2013 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 34 EAST ROAD?

34 EAST ROAD is 149m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 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 34 EAST ROAD lies on this distribution: 75% of detached houses are smaller than 34 EAST ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

34 EAST ROAD: Plot and Title Map

34 EAST ROAD sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 34 EAST 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 34 EAST 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 34 EAST ROAD?

34 EAST ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 34 on EAST ROAD.