39D, MERSEA ROAD, COLCHESTER, CO2 7QS - £100,000

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

39D MERSEA ROAD is a very small extended flat of 44m², built sometime between 1930 and 1949. It was last sold for £100,000 in August 2023, which was around 80% below the average August 2023 detached price in the Colchester local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.

39D MERSEA ROAD Sold Prices

Land registry data shows three sales for 39D 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 39D 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
2023 9 AUG	£100,000	£498,951	80% below HPI
2005 26 OCT	£85,000	£268,420	68% below HPI
1997 16 JAN	£23,000	£91,736	75% below HPI

39D 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 39D MERSEA ROAD sales between January 1997 and August 2023 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 2005 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the August 2023 sale, where it falls to 80% below the HPI. The line then continues to track at 80% below the HPI.

How Large is 39D MERSEA ROAD?

39D MERSEA ROAD is 44m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 39D MERSEA ROAD lies on this distribution: Less than 1% of detached houses are smaller than 39D MERSEA ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Colchester.

39D MERSEA ROAD: Plot and Title Map

39D MERSEA ROAD sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 39D 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 39D 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 39D MERSEA ROAD?

39D MERSEA ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 39D on MERSEA ROAD.