56, HIGH STREET NORTH, WEST MERSEA, COLCHESTER, CO5 8JY - £575,000

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

56 HIGH STREET NORTH is a midsized extended detached house of 113m², built sometime between 1900 and 1929. It was last sold for £575,000 in March 2024, which was around 17% above the average March 2024 detached price in the Colchester local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

56 HIGH STREET NORTH Sold Prices

Land registry data shows two sales for 56 HIGH STREET NORTH 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. One of the two 56 HIGH STREET NORTH sales was for above the average price, whilst the other was 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
2024 27 MAR	£575,000	£492,452	17% above HPI
2001 12 NOV	£175,000	£176,209	1% below HPI

56 HIGH STREET NORTH 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 56 HIGH STREET NORTH sales from November 2001 and March 2024 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 November 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2024 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 56 HIGH STREET NORTH?

56 HIGH STREET NORTH is 113m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 56 HIGH STREET NORTH lies on this distribution: 48% of detached houses are smaller than 56 HIGH STREET NORTH, and 52% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

56 HIGH STREET NORTH: Plot and Title Map

56 HIGH STREET NORTH sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 56 HIGH STREET NORTH, 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 56 HIGH STREET NORTH). 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 56 HIGH STREET NORTH?

56 HIGH STREET NORTH is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 56 on HIGH STREET NORTH.