4, FARRIERS CHASE, WEST MERSEA, COLCHESTER, CO5 8BE - £640,000

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

4 FARRIERS CHASE is a very large detached house of 177m², built sometime between 1996 and 2002. It was last sold for £640,000 in September 2021, which was around 38% above the average September 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

4 FARRIERS CHASE Sold Prices

Land registry data shows two sales for 4 FARRIERS CHASE 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 4 FARRIERS CHASE sales were for above 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 27 SEP	£640,000	£462,560	38% above HPI
2001 31 OCT	£250,000	£174,367	43% above HPI

4 FARRIERS CHASE 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 4 FARRIERS CHASE sales from October 2001 and September 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 October 2001 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2021 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 4 FARRIERS CHASE?

4 FARRIERS CHASE is 177m² according to the EPC inspection conducted in July 2018. This puts it in the largest 20% 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 FARRIERS CHASE lies on this distribution: 86% of detached houses are smaller than 4 FARRIERS CHASE, and 13% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

4 FARRIERS CHASE: Plot and Title Map

4 FARRIERS CHASE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 4 FARRIERS CHASE, 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 FARRIERS CHASE). 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 4 FARRIERS CHASE?

4 FARRIERS CHASE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 4 on FARRIERS CHASE.