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
4 DIGBY MEWS is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £247,000 in March 2016, which was around 34% below the average March 2016 detached price in the Colchester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 4 DIGBY MEWS since 1st 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 4 DIGBY 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 |
---|---|---|---|
2016 31 MAR | £247,000 | £373,797 | 34% below HPI |
2015 4 SEP | £200,000 | £362,538 | 45% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 4 DIGBY MEWS sales from September 2015 and March 2016 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 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
4 DIGBY MEWS is 61m² according to the EPC inspection conducted in January 2015. 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 4 DIGBY MEWS lies on this distribution: 2% of detached houses are smaller than 4 DIGBY MEWS, and 98% of houses are larger. Note that EPC data is not available for all properties in West Mersea.
4 DIGBY MEWS sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 4 DIGBY 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 4 DIGBY 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.
4 DIGBY MEWS is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 4 on DIGBY MEWS.