45, YORICK ROAD, WEST MERSEA, COLCHESTER, CO5 8AJ - £248,000

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

45 YORICK ROAD is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £248,000 in February 2015, which was around 26% below the average February 2015 detached price in the Colchester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was F, and the potential energy rating was D.

45 YORICK ROAD Sold Prices

Land registry data shows two sales for 45 YORICK 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 45 YORICK 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
2015 16 FEB	£248,000	£334,760	26% below HPI
1996 7 JUN	£57,500	£90,353	36% below HPI

45 YORICK 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 45 YORICK ROAD sales from June 1996 and February 2015 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 June 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 45 YORICK ROAD?

45 YORICK ROAD is 84m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 YORICK ROAD lies on this distribution: 19% of detached houses are smaller than 45 YORICK ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

45 YORICK ROAD: Plot and Title Map

45 YORICK ROAD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 45 YORICK 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 YORICK 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 YORICK ROAD?

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