59, EAST ROAD, WEST MERSEA, COLCHESTER, CO5 8HA - £360,000

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

59 EAST ROAD is a very large extended detached house of 236m², built sometime between 1967 and 1975. It was last sold for £360,000 in August 2008, which was around 30% above the average August 2008 detached price in the Colchester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

59 EAST ROAD Sold Prices

Land registry data shows two sales for 59 EAST ROAD 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 59 EAST ROAD 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
2008 27 AUG	£360,000	£277,838	30% above HPI
1998 8 MAY	£132,500	£108,542	22% above HPI

59 EAST 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 two 59 EAST ROAD sales from May 1998 and August 2008 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 May 1998 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2008 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 59 EAST ROAD?

59 EAST ROAD is 236m², which includes two extensions, according to the EPC inspection conducted in May 2016. 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 59 EAST ROAD lies on this distribution: 97% of detached houses are smaller than 59 EAST ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

59 EAST ROAD: Plot and Title Map

59 EAST ROAD sits on a plot of roughly 0.271 of an acre, or 1,097m². The below map shows the location of 59 EAST 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 59 EAST 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 59 EAST ROAD?

59 EAST ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 59 on EAST ROAD.