MISTLETOE COTTAGE, IVY LANE, EAST MERSEA, COLCHESTER, CO5 8US - £470,000

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

MISTLETOE COTTAGE is a small detached house of 137m², built sometime between 1950 and 1966. It was last sold for £470,000 in March 2016, which was around 26% above the average March 2016 detached price in the Colchester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was F, and the potential energy rating was D.

MISTLETOE COTTAGE Sold Prices

Land registry data shows five sales for MISTLETOE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the five MISTLETOE COTTAGE 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
2016 30 MAR	£470,000	£373,797	26% above HPI
2015 31 JUL	£327,500	£349,277	6% below HPI
2014 18 NOV	£350,000	£334,632	5% above HPI
2005 4 AUG	£350,000	£268,904	30% above HPI
1998 13 OCT	£138,000	£112,898	22% above HPI

MISTLETOE COTTAGE 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 five MISTLETOE COTTAGE sales between October 1998 and March 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 July 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2016 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is MISTLETOE COTTAGE?

MISTLETOE COTTAGE is 137m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in East Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in East Mersea, and where MISTLETOE COTTAGE lies on this distribution: 35% of detached houses are smaller than MISTLETOE COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in East Mersea.

MISTLETOE COTTAGE: Plot and Title Map

MISTLETOE COTTAGE sits on a plot of roughly 0.229 of an acre, or 927m². The below map shows the location of MISTLETOE COTTAGE, 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 MISTLETOE COTTAGE). 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 MISTLETOE COTTAGE?

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