54, FIRS CHASE, WEST MERSEA, COLCHESTER, CO5 8NN - £430,000

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

54 FIRS CHASE is a very large extended detached house of 162m², built sometime between 1967 and 1975. It was last sold for £430,000 in July 2007, which was around 42% above the average July 2007 detached price in the Colchester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

54 FIRS CHASE Sold Prices

Land registry data shows two sales for 54 FIRS CHASE 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 54 FIRS CHASE sales 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
2007 9 JUL	£430,000	£303,833	42% above HPI
1997 29 OCT	£169,500	£99,892	70% above HPI

54 FIRS CHASE 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 54 FIRS CHASE sales from October 1997 and July 2007 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 October 1997 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the July 2007 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 54 FIRS CHASE?

54 FIRS CHASE is 162m², which includes one extension, according to the EPC inspection conducted in October 2014. 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 54 FIRS CHASE lies on this distribution: 80% of detached houses are smaller than 54 FIRS CHASE, and 19% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

54 FIRS CHASE: Plot and Title Map

54 FIRS CHASE sits on a plot of roughly 0.358 of an acre, or 1,449m². The below map shows the location of 54 FIRS CHASE, 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 54 FIRS CHASE). 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 54 FIRS CHASE?

54 FIRS CHASE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 54 on FIRS CHASE.