CARTMEL, BOXTED ROAD, MILE END, COLCHESTER, CO4 5HF - £600,000

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

CARTMEL is a large extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £600,000 in October 2022, which was around 15% above the average October 2022 detached price in the Colchester local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

CARTMEL Sold Prices

Land registry data shows four sales for CARTMEL 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 CARTMEL 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
2022 11 OCT	£600,000	£521,058	15% above HPI
2018 29 NOV	£340,000	£437,007	22% below HPI
2008 10 OCT	£240,000	£263,433	9% below HPI
1995 27 MAR	£73,000	£92,158	21% below HPI

CARTMEL 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 CARTMEL sales between March 1995 and October 2022 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is CARTMEL?

CARTMEL is 123m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where CARTMEL lies on this distribution: 62% of detached houses are smaller than CARTMEL, and 37% of houses are larger. Note that EPC data is not available for all properties in Colchester.

CARTMEL: Plot and Title Map

CARTMEL sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of CARTMEL, 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 CARTMEL). 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 CARTMEL?

CARTMEL is located on BOXTED ROAD in MILE END, in the CO4 postcode district. The below map shows the position of CARTMEL on BOXTED ROAD.