5, WESTWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8PH - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 WESTWOOD DRIVE is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £340,000 in February 2019, which was around 23% below the average February 2019 detached price in the Colchester local authority area. The most recent EPC inspection was April 2010, where the current energy rating was F, and the potential energy rating was D.

5 WESTWOOD DRIVE Sold Prices

Land registry data shows two sales for 5 WESTWOOD DRIVE 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 5 WESTWOOD DRIVE 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
2019 1 FEB	£340,000	£439,479	23% below HPI
2010 21 JUL	£195,000	£281,998	31% below HPI

5 WESTWOOD 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 two 5 WESTWOOD DRIVE sales from July 2010 and February 2019 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 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 WESTWOOD DRIVE?

5 WESTWOOD DRIVE is 77m² according to the EPC inspection conducted in April 2010. 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 WESTWOOD DRIVE lies on this distribution: 14% of detached houses are smaller than 5 WESTWOOD DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

5 WESTWOOD DRIVE: Plot and Title Map

5 WESTWOOD DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 5 WESTWOOD 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 WESTWOOD 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 WESTWOOD DRIVE?

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