55, GARDEN FARM, WEST MERSEA, COLCHESTER, CO5 8DZ - £347,500

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

55 GARDEN FARM is a small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £347,500 in August 2016, which was around 13% below the average August 2016 detached price in the Colchester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was A.

55 GARDEN FARM Sold Prices

Land registry data shows four sales for 55 GARDEN FARM since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 55 GARDEN FARM 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
2016 24 AUG	£347,500	£398,471	13% below HPI
2006 7 SEP	£215,000	£283,645	24% below HPI
1999 3 JUN	£92,000	£116,881	21% below HPI
1996 25 JUL	£62,500	£91,361	32% below HPI

55 GARDEN FARM 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 four 55 GARDEN FARM sales between July 1996 and August 2016 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 September 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 55 GARDEN FARM?

55 GARDEN FARM is 100m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% 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 GARDEN FARM lies on this distribution: 35% of detached houses are smaller than 55 GARDEN FARM, and 64% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

55 GARDEN FARM: Plot and Title Map

55 GARDEN FARM sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 55 GARDEN FARM, 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 GARDEN FARM). 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 GARDEN FARM?

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