BROMANS COTTAGE, BROMANS LANE, EAST MERSEA, COLCHESTER, CO5 8UE - £740,000

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

BROMANS COTTAGE is a very small detached house of 110m², built sometime between 1976 and 1982. It was last sold for £740,000 in November 2018, which was around 69% above the average November 2018 detached price in the Colchester local authority area. The most recent EPC inspection was July 2012, where the current energy rating was F, and the potential energy rating was B.

BROMANS COTTAGE Sold Prices

Land registry data shows two sales for BROMANS COTTAGE 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 BROMANS COTTAGE 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
2018 16 NOV	£740,000	£437,007	69% above HPI
2015 10 JUN	£490,000	£346,020	42% above HPI

BROMANS COTTAGE 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 BROMANS COTTAGE sales from June 2015 and November 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 June 2015 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2018 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is BROMANS COTTAGE?

BROMANS COTTAGE is 110m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% 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 BROMANS COTTAGE lies on this distribution: 19% of detached houses are smaller than BROMANS COTTAGE, and 81% of houses are larger. Note that EPC data is not available for all properties in East Mersea.

BROMANS COTTAGE: Plot and Title Map

BROMANS COTTAGE sits on a plot of roughly 0.758 of an acre, or 3,067m². The below map shows the location of BROMANS COTTAGE, 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 BROMANS COTTAGE). 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 BROMANS COTTAGE?

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