60, FIRS CHASE, WEST MERSEA, COLCHESTER, CO5 8NN - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

60 FIRS CHASE is a very small extended semi-detached house of 80m², built sometime before 1900. It was last sold for £500,000 in October 2024, which was around 49% above the average October 2024 semi-detached price in the Colchester local authority area. The most recent EPC inspection was May 2017, where the current energy rating was F, and the potential energy rating was A.

60 FIRS CHASE Sold Prices

Land registry data shows two sales for 60 FIRS CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 60 FIRS CHASE 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
2024 9 OCT	£500,000	£335,518	49% above HPI
2021 28 MAY	£350,000	£285,023	23% above HPI

60 FIRS CHASE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 60 FIRS CHASE sales from May 2021 and October 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 May 2021 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2024 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 60 FIRS CHASE be worth now?

60 FIRS CHASE might now be worth an estimated £500,922.

This is based on house price inflation of 0.2%, between October 2024 and December 2024, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% inflationary increase is applied to the most recent sale price for 60 FIRS CHASE of £500,000 on 9th October 2024. For the value to have increased from £500,000 to £500,922 over the ten months to December 2024, the following assumptions must hold true:

• The value of 60 FIRS CHASE has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The October 2024 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 60 FIRS CHASE has not materially changed since October 2024.

How Large is 60 FIRS CHASE?

60 FIRS CHASE is 80m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of semi-detached houses houses in West Mersea, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in West Mersea, and where 60 FIRS CHASE lies on this distribution: 16% of semi-detached houses houses are smaller than 60 FIRS CHASE, and 84% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

60 FIRS CHASE: Plot and Title Map

60 FIRS CHASE sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of 60 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 60 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 60 FIRS CHASE?

60 FIRS CHASE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 60 on FIRS CHASE.