55, FAIRHAVEN AVENUE, WEST MERSEA, COLCHESTER, CO5 8BT - £730,000

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

55 FAIRHAVEN AVENUE is a very large extended detached house of 270m², built sometime between 1983 and 1990. It was last sold for £730,000 in October 2019, which was around 69% above the average October 2019 detached price in the Colchester local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was C.

55 FAIRHAVEN AVENUE Sold Prices

Land registry data shows two sales for 55 FAIRHAVEN AVENUE 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 55 FAIRHAVEN AVENUE 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
2019 18 OCT	£730,000	£431,930	69% above HPI
2015 6 AUG	£420,000	£352,908	19% above HPI

55 FAIRHAVEN AVENUE 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 55 FAIRHAVEN AVENUE sales from August 2015 and October 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 August 2015 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2019 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 55 FAIRHAVEN AVENUE?

55 FAIRHAVEN AVENUE is 270m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 10% 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 55 FAIRHAVEN AVENUE lies on this distribution: 98% of detached houses are smaller than 55 FAIRHAVEN AVENUE, and 2% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

55 FAIRHAVEN AVENUE: Plot and Title Map

55 FAIRHAVEN AVENUE sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of 55 FAIRHAVEN AVENUE, 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 55 FAIRHAVEN AVENUE). 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 55 FAIRHAVEN AVENUE?

55 FAIRHAVEN AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 55 on FAIRHAVEN AVENUE.