4, PRINCE ALBERT ROAD, WEST MERSEA, COLCHESTER, CO5 8AN - £43,000

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 PRINCE ALBERT ROAD is a small detached house of 91m², built sometime between 1930 and 1949. It was last sold for £43,000 in October 1996, which was around 53% below the average October 1996 detached price in the Colchester local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

4 PRINCE ALBERT ROAD Sold Prices

Land registry data shows two sales for 4 PRINCE ALBERT ROAD 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 PRINCE ALBERT 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
1996 25 OCT	£43,000	£90,937	53% below HPI
1995 4 DEC	£41,500	£87,387	53% below HPI

4 PRINCE ALBERT 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 two 4 PRINCE ALBERT ROAD sales from December 1995 and October 1996 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 December 1995 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 1996 sale, which was also at 53% below the HPI.

How Large is 4 PRINCE ALBERT ROAD?

4 PRINCE ALBERT ROAD is 91m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 4 PRINCE ALBERT ROAD lies on this distribution: 28% of detached houses are smaller than 4 PRINCE ALBERT ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

4 PRINCE ALBERT ROAD: Plot and Title Map

4 PRINCE ALBERT ROAD sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 4 PRINCE ALBERT 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 4 PRINCE ALBERT 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 4 PRINCE ALBERT ROAD?

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