98, FAIRHAVEN AVENUE, WEST MERSEA, COLCHESTER, CO5 8BS - £352,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

98 FAIRHAVEN AVENUE is a midsized detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £435,014. It was last sold for £352,500 in September 2016, which was around 13% below the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was C.

98 FAIRHAVEN AVENUE Sold Prices

Land registry data shows two sales for 98 FAIRHAVEN AVENUE 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 98 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
2016 27 SEP	£352,500	£406,976	13% below HPI
2015 2 OCT	£270,000	£365,659	26% below HPI

98 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 two 98 FAIRHAVEN AVENUE sales from October 2015 and September 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 October 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 98 FAIRHAVEN AVENUE be worth now?

98 FAIRHAVEN AVENUE might now be worth an estimated £435,014.

This is based on house price inflation of 23.4%, between September 2016 and February 2025, for 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 23.4% inflationary increase is applied to the most recent sale price for 98 FAIRHAVEN AVENUE of £352,500 on 27th September 2016. For the value to have increased from £352,500 to £435,014 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 98 FAIRHAVEN AVENUE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2016 sale price of £352,500 represented a fair market value for the property.
• The size, condition, and specification of 98 FAIRHAVEN AVENUE has not materially changed since September 2016.

How Large is 98 FAIRHAVEN AVENUE?

98 FAIRHAVEN AVENUE is 113m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% of detached houses houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Mersea, and where 98 FAIRHAVEN AVENUE lies on this distribution: 47% of detached houses houses are smaller than 98 FAIRHAVEN AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

98 FAIRHAVEN AVENUE: Plot and Title Map

98 FAIRHAVEN AVENUE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 98 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 98 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 98 FAIRHAVEN AVENUE?

98 FAIRHAVEN AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 98 on FAIRHAVEN AVENUE.