53, HIGH STREET, WEST MERSEA, COLCHESTER, CO5 8JE - £335,000

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

53 HIGH STREET is a very small extended detached house of 76m², built sometime between 1900 and 1929. It was last sold for £335,000 in June 2020, which was around 23% below the average June 2020 detached price in the Colchester local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

53 HIGH STREET Sold Prices

Land registry data shows two sales for 53 HIGH STREET 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 53 HIGH STREET 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
2020 24 JUN	£335,000	£433,599	23% below HPI
2018 2 MAR	£240,000	£431,085	44% below HPI

53 HIGH STREET 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 53 HIGH STREET sales from March 2018 and June 2020 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 March 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 53 HIGH STREET?

53 HIGH STREET is 76m², which includes two extensions, according to the EPC inspection conducted in January 2019. 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 53 HIGH STREET lies on this distribution: 13% of detached houses are smaller than 53 HIGH STREET, and 86% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

53 HIGH STREET: Plot and Title Map

53 HIGH STREET sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 53 HIGH STREET, 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 53 HIGH STREET). 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 53 HIGH STREET?

53 HIGH STREET is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 53 on HIGH STREET.