MARLIN, EAST ROAD, EAST MERSEA, COLCHESTER, CO5 8TA - £750,000

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.

MARLIN is a midsized extended detached house of 159m², built sometime between 1950 and 1966, which could now be worth an estimated £816,965. It was last sold for £750,000 in September 2021, which was around 62% above the average September 2021 detached price in the Colchester local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was A.

MARLIN Sold Prices

Land registry data shows three sales for MARLIN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three MARLIN 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
2021 30 SEP	£750,000	£463,831	62% above HPI
2003 23 SEP	£285,000	£237,955	20% above HPI
1998 26 MAY	£122,000	£108,841	12% above HPI

MARLIN 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 three MARLIN sales between May 1998 and September 2021 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 September 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2021 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might MARLIN be worth now?

MARLIN might now be worth an estimated £816,965.

This is based on house price inflation of 8.9%, between September 2021 and March 2025, for 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 8.9% inflationary increase is applied to the most recent sale price for MARLIN of £750,000 on 30th September 2021. For the value to have increased from £750,000 to £816,965 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of MARLIN has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2021 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of MARLIN has not materially changed since September 2021.

How Large is MARLIN?

MARLIN is 159m², which includes four extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 50% of detached houses houses in East Mersea, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Mersea, and where MARLIN lies on this distribution: 56% of detached houses houses are smaller than MARLIN, and 44% of houses are larger. Note that EPC data is not available for all properties in East Mersea.

MARLIN: Plot and Title Map

MARLIN sits on a plot of roughly 0.235 of an acre, or 953m². The below map shows the location of MARLIN, 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 MARLIN). 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 MARLIN?

MARLIN is located on EAST ROAD in EAST MERSEA, in the CO5 postcode district. The below map shows the position of MARLIN on EAST ROAD.