45, EAST ROAD, WEST MERSEA, COLCHESTER, CO5 8EP - £244,500

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

45 EAST ROAD is a very large extended detached house of 171m², built sometime between 1930 and 1949. It was last sold for £244,500 in November 2005, which was around 9% below the average November 2005 detached price in the Colchester local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

45 EAST ROAD Sold Prices

Land registry data shows four sales for 45 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. Most of the four 45 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
2005 25 NOV	£244,500	£268,424	9% below HPI
2002 17 JUL	£210,000	£200,250	5% above HPI
2001 26 OCT	£170,000	£174,367	3% below HPI
2000 28 SEP	£90,000	£149,074	40% below HPI

45 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 45 EAST ROAD sales between September 2000 and November 2005 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 July 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2005 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 45 EAST ROAD?

45 EAST ROAD is 171m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 45 EAST ROAD lies on this distribution: 84% of detached houses are smaller than 45 EAST ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

45 EAST ROAD: Plot and Title Map

45 EAST ROAD sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 45 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 45 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 45 EAST ROAD?

45 EAST ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 45 on EAST ROAD.