61, EAST ROAD, WEST MERSEA, COLCHESTER, CO5 8HA - £322,000

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

61 EAST ROAD is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £322,000 in March 2016, which was around 14% below the average March 2016 detached price in the Colchester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

61 EAST ROAD Sold Prices

Land registry data shows three sales for 61 EAST 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. All of the three 61 EAST ROAD 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
2016 15 MAR	£322,000	£373,797	14% below HPI
2000 26 JUN	£143,000	£143,838	1% below HPI
1995 28 FEB	£69,000	£92,786	26% below HPI

61 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 three 61 EAST ROAD sales between February 1995 and March 2016 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 2000 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 61 EAST ROAD?

61 EAST ROAD is 89m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% 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 61 EAST ROAD lies on this distribution: 25% of detached houses are smaller than 61 EAST ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

61 EAST ROAD: Plot and Title Map

61 EAST ROAD sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of 61 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 61 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 61 EAST ROAD?

61 EAST ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 61 on EAST ROAD.