94, FAIRHAVEN AVENUE, WEST MERSEA, COLCHESTER, CO5 8BS - £902,500

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

94 FAIRHAVEN AVENUE is a very large detached house of 202m², built in 2021. It was last sold for £902,500 in March 2024, which was around 83% above the average March 2024 detached price in the Colchester local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was B.

94 FAIRHAVEN AVENUE Sold Prices

Land registry data shows four sales for 94 FAIRHAVEN AVENUE 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. Most of the four 94 FAIRHAVEN AVENUE 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
2024 27 MAR	£902,500	£492,452	83% above HPI
2018 10 APR	£250,000	£434,151	42% below HPI
2016 29 MAR	£300,000	£373,797	20% below HPI
1997 18 FEB	£50,000	£91,601	45% below HPI

94 FAIRHAVEN AVENUE 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 94 FAIRHAVEN AVENUE sales between February 1997 and March 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 April 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2024 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 94 FAIRHAVEN AVENUE?

94 FAIRHAVEN AVENUE is 202m² according to the EPC inspection conducted in December 2021. 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 94 FAIRHAVEN AVENUE lies on this distribution: 93% of detached houses are smaller than 94 FAIRHAVEN AVENUE, and 7% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

94 FAIRHAVEN AVENUE: Plot and Title Map

94 FAIRHAVEN AVENUE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 94 FAIRHAVEN AVENUE, 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 94 FAIRHAVEN AVENUE). 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 94 FAIRHAVEN AVENUE?

94 FAIRHAVEN AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 94 on FAIRHAVEN AVENUE.