COLNE COTTAGE SOUTH, BROMANS LANE, EAST MERSEA, COLCHESTER, CO5 8UE - £308,500

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 SOUTH is a very small extended semi-detached house of 96m², built sometime before 1900, which could now be worth an estimated £370,484. It was last sold for £308,500 in January 2018, which was around 11% above the average January 2018 semi-detached price in the Colchester local authority area. The most recent EPC inspection was April 2015, where the current energy rating was G, and the potential energy rating was D.

COLNE COTTAGE SOUTH Sold Prices

Land registry data shows two sales for COLNE COTTAGE SOUTH 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 SOUTH 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 5 JAN	£308,500	£278,973	11% above HPI
2016 29 MAR	£260,000	£241,033	8% above HPI

COLNE COTTAGE SOUTH 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 SOUTH sales from March 2016 and January 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 March 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2018 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might COLNE COTTAGE SOUTH be worth now?

COLNE COTTAGE SOUTH might now be worth an estimated £370,484.

This is based on house price inflation of 20.1%, between January 2018 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 20.1% inflationary increase is applied to the most recent sale price for COLNE COTTAGE SOUTH of £308,500 on 5th January 2018. For the value to have increased from £308,500 to £370,484 over the six years and ten months to March 2025, the following assumptions must hold true:

• The value of COLNE COTTAGE SOUTH has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The January 2018 sale price of £308,500 represented a fair market value for the property.
• The size, condition, and specification of COLNE COTTAGE SOUTH has not materially changed since January 2018.

How Large is COLNE COTTAGE SOUTH?

COLNE COTTAGE SOUTH is 96m², 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 SOUTH lies on this distribution: 4% of semi-detached houses houses are smaller than COLNE COTTAGE SOUTH, and 96% of houses are larger. Note that EPC data is not available for all properties in East Mersea.

COLNE COTTAGE SOUTH: Plot and Title Map

COLNE COTTAGE SOUTH sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of COLNE COTTAGE SOUTH, 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 SOUTH). 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 SOUTH?

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