39, EAST ROAD, WEST MERSEA, COLCHESTER, CO5 8EP - £175,000

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

39 EAST ROAD is a very small semi-detached house of 69m², built sometime from 2012 onwards. It was last sold for £175,000 in April 2013, which was around 39% below the average April 2013 detached price in the Colchester local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

39 EAST ROAD Sold Prices

Land registry data shows four sales for 39 EAST ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 39 EAST 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
2013 9 APR	£175,000	£288,886	39% below HPI
2003 29 SEP	£112,500	£237,303	53% below HPI
2001 20 DEC	£112,500	£176,343	36% below HPI
1997 31 JUL	£47,000	£98,262	52% below HPI

39 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 four 39 EAST ROAD sales between July 1997 and April 2013 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 September 2003 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the April 2013 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 39 EAST ROAD?

39 EAST ROAD is 69m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% 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 39 EAST ROAD lies on this distribution: 7% of detached houses are smaller than 39 EAST ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

39 EAST ROAD: Plot and Title Map

39 EAST ROAD sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 39 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 39 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 39 EAST ROAD?

39 EAST ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 39 on EAST ROAD.