MEIDA FLORES, LUCAS ROAD, COLCHESTER, CO2 7EP - £181,000

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

MEIDA FLORES is a midsized detached house of 109m², built sometime between 1967 and 1975. It was last sold for £181,000 in October 2007, which was around 41% below the average October 2007 detached price in the Colchester local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

MEIDA FLORES Sold Prices

Land registry data shows two sales for MEIDA FLORES 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 MEIDA FLORES 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
2007 11 OCT	£181,000	£305,139	41% below HPI
2003 21 FEB	£155,000	£226,727	32% below HPI

MEIDA FLORES 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 MEIDA FLORES sales from February 2003 and October 2007 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 February 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2007 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is MEIDA FLORES?

MEIDA FLORES is 109m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where MEIDA FLORES lies on this distribution: 47% of detached houses are smaller than MEIDA FLORES, and 52% of houses are larger. Note that EPC data is not available for all properties in Colchester.

MEIDA FLORES: Plot and Title Map

MEIDA FLORES sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of MEIDA FLORES, 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 MEIDA FLORES). 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 MEIDA FLORES?

MEIDA FLORES is located on LUCAS ROAD in COLCHESTER, in the CO2 postcode district. The below map shows the position of MEIDA FLORES on LUCAS ROAD.