ARISHMEL, IVY LANE, EAST MERSEA, COLCHESTER, CO5 8US - £477,500

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

ARISHMEL is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £477,500 in September 2016, which was around 18% above the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was F, and the potential energy rating was B.

ARISHMEL Sold Prices

Land registry data shows two sales for ARISHMEL 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 ARISHMEL 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
2016 23 SEP	£477,500	£405,861	18% above HPI
2014 18 NOV	£405,000	£334,632	21% above HPI

ARISHMEL 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 ARISHMEL sales from November 2014 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 November 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2016 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is ARISHMEL?

ARISHMEL is 84m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in East Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in East Mersea, and where ARISHMEL lies on this distribution: 4% of detached houses are smaller than ARISHMEL, and 96% of houses are larger. Note that EPC data is not available for all properties in East Mersea.

ARISHMEL: Plot and Title Map

ARISHMEL sits on a plot of roughly 0.172 of an acre, or 698m². The below map shows the location of ARISHMEL, 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 ARISHMEL). 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 ARISHMEL?

ARISHMEL is located on IVY LANE in EAST MERSEA, in the CO5 postcode district. The below map shows the position of ARISHMEL on IVY LANE.