7, EMPRESS DRIVE, WEST MERSEA, COLCHESTER, CO5 8BN - £410,000

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

7 EMPRESS DRIVE is a small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £410,000 in October 2018, which was around 7% below the average October 2018 detached price in the Colchester local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

7 EMPRESS DRIVE Sold Prices

Land registry data shows four sales for 7 EMPRESS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 7 EMPRESS DRIVE 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
2018 12 OCT	£410,000	£439,997	7% below HPI
2005 2 DEC	£249,995	£271,084	8% below HPI
1998 27 AUG	£86,000	£111,246	23% below HPI
1996 25 JUN	£71,995	£90,353	20% below HPI

7 EMPRESS DRIVE 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 four 7 EMPRESS DRIVE sales between June 1996 and October 2018 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 December 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 EMPRESS DRIVE?

7 EMPRESS DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% 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 7 EMPRESS DRIVE lies on this distribution: 35% of detached houses are smaller than 7 EMPRESS DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

7 EMPRESS DRIVE: Plot and Title Map

7 EMPRESS DRIVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 7 EMPRESS DRIVE, 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 7 EMPRESS DRIVE). 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 7 EMPRESS DRIVE?

7 EMPRESS DRIVE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 7 on EMPRESS DRIVE.