55, YORICK ROAD, WEST MERSEA, COLCHESTER, CO5 8AJ - £505,000

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

55 YORICK ROAD is a midsized extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £505,000 in July 2023, which was about the average July 2023 detached price in the Colchester local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

55 YORICK ROAD Sold Prices

Land registry data shows three sales for 55 YORICK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. The three 55 YORICK ROAD sales were a mix of roughly equal to the average price, and 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
2023 28 JUL	£505,000	£503,500	Close to HPI
2013 31 JAN	£295,000	£289,818	2% above HPI
1998 11 JUL	£139,950	£109,617	28% above HPI

55 YORICK ROAD 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 three 55 YORICK ROAD sales between July 1998 and July 2023 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 January 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 55 YORICK ROAD?

55 YORICK ROAD is 121m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% 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 YORICK ROAD lies on this distribution: 56% of detached houses are smaller than 55 YORICK ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

55 YORICK ROAD: Plot and Title Map

55 YORICK ROAD sits on a plot of roughly 0.201 of an acre, or 813m². The below map shows the location of 55 YORICK ROAD, 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 YORICK ROAD). 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 YORICK ROAD?

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