58, FIRS CHASE, WEST MERSEA, COLCHESTER, CO5 8NN - £230,000

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

58 FIRS CHASE is a very small extended detached house of 83m², built sometime before 1900. It was last sold for £230,000 in September 2020, which was around 47% below the average September 2020 detached price in the Colchester local authority area. The most recent EPC inspection was June 2011, where the current energy rating was F, and the potential energy rating was E.

58 FIRS CHASE Sold Prices

Land registry data shows two sales for 58 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 58 FIRS CHASE 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
2020 22 SEP	£230,000	£434,672	47% below HPI
2003 27 JUN	£200,000	£233,411	14% below HPI

58 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 58 FIRS CHASE sales from June 2003 and September 2020 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 June 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 58 FIRS CHASE?

58 FIRS CHASE is 83m², which includes four extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 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 58 FIRS CHASE lies on this distribution: 19% of detached houses are smaller than 58 FIRS CHASE, and 81% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

58 FIRS CHASE: Plot and Title Map

58 FIRS CHASE sits on a plot of roughly 0.262 of an acre, or 1,060m². The below map shows the location of 58 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 58 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 58 FIRS CHASE?

58 FIRS CHASE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 58 on FIRS CHASE.