5, BLACKWATER DRIVE, WEST MERSEA, COLCHESTER, CO5 8NJ - £400,000

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

5 BLACKWATER DRIVE is a very large extended detached house of 170m², built sometime between 1967 and 1975. It was last sold for £400,000 in May 2021, which was around 9% below the average May 2021 detached price in the Colchester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

5 BLACKWATER DRIVE Sold Prices

Land registry data shows three sales for 5 BLACKWATER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the three 5 BLACKWATER DRIVE sales was for below the average price, whilst two 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 12 MAY	£400,000	£438,139	9% below HPI
2004 7 JUN	£267,500	£256,983	4% above HPI
1995 11 APR	£115,000	£90,858	27% above HPI

5 BLACKWATER DRIVE 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 three 5 BLACKWATER DRIVE sales between April 1995 and May 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 June 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 BLACKWATER DRIVE?

5 BLACKWATER DRIVE is 170m², which includes three extensions, according to the EPC inspection conducted in March 2020. 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 5 BLACKWATER DRIVE lies on this distribution: 83% of detached houses are smaller than 5 BLACKWATER DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

5 BLACKWATER DRIVE: Plot and Title Map

5 BLACKWATER DRIVE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 5 BLACKWATER DRIVE, 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 5 BLACKWATER DRIVE). 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 5 BLACKWATER DRIVE?

5 BLACKWATER DRIVE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 5 on BLACKWATER DRIVE.