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 PLEASANT MEWS is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £196,000 in February 2003, which was around 14% below the average February 2003 detached price in the Colchester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 5 PLEASANT MEWS since 1st 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 5 PLEASANT MEWS 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 |
---|---|---|---|
2003 25 FEB | £196,000 | £226,727 | 14% below HPI |
1998 24 FEB | £85,000 | £103,877 | 18% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 5 PLEASANT MEWS sales from February 1998 and February 2003 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 February 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2003 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
5 PLEASANT MEWS is 74m² according to the EPC inspection conducted in May 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 5 PLEASANT MEWS lies on this distribution: 11% of detached houses are smaller than 5 PLEASANT MEWS, and 88% of houses are larger. Note that EPC data is not available for all properties in West Mersea.
5 PLEASANT MEWS sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 5 PLEASANT MEWS, 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 PLEASANT MEWS). 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.
5 PLEASANT MEWS is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 5 on PLEASANT MEWS.