COLNE COTTAGE NORTH, BROMANS LANE, EAST MERSEA, COLCHESTER, CO5 8UE - £235,500

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.

COLNE COTTAGE NORTH is a very small extended semi-detached house of 92m², built sometime before 1900, which could now be worth an estimated £326,527. It was last sold for £235,500 in February 2016, which was around 3% below the average February 2016 semi-detached price in the Colchester local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was A.

COLNE COTTAGE NORTH Sold Prices

Land registry data shows two sales for COLNE COTTAGE NORTH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two COLNE COTTAGE NORTH 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 9 FEB	£235,500	£241,628	3% below HPI
1997 7 NOV	£27,500	£61,867	56% below HPI

COLNE COTTAGE NORTH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two COLNE COTTAGE NORTH sales from November 1997 and February 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 1997 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might COLNE COTTAGE NORTH be worth now?

COLNE COTTAGE NORTH might now be worth an estimated £326,527.

This is based on house price inflation of 38.7%, between February 2016 and March 2025, for semi-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 38.7% inflationary increase is applied to the most recent sale price for COLNE COTTAGE NORTH of £235,500 on 9th February 2016. For the value to have increased from £235,500 to £326,527 over the eight years and eleven months to March 2025, the following assumptions must hold true:

• The value of COLNE COTTAGE NORTH has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The February 2016 sale price of £235,500 represented a fair market value for the property.
• The size, condition, and specification of COLNE COTTAGE NORTH has not materially changed since February 2016.

How Large is COLNE COTTAGE NORTH?

COLNE COTTAGE NORTH is 92m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in East Mersea, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in East Mersea, and where COLNE COTTAGE NORTH lies on this distribution: 4% of semi-detached houses houses are smaller than COLNE COTTAGE NORTH, and 96% of houses are larger. Note that EPC data is not available for all properties in East Mersea.

COLNE COTTAGE NORTH: Plot and Title Map

COLNE COTTAGE NORTH sits on a plot of roughly 0.214 of an acre, or 867m². The below map shows the location of COLNE COTTAGE NORTH, 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 COLNE COTTAGE NORTH). 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 COLNE COTTAGE NORTH?

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