MYRTLE COTTAGE, LAYER ROAD, ABBERTON, COLCHESTER, CO5 7NH - £337,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MYRTLE COTTAGE is a midsized extended detached house of 115m², built sometime from 2007 onwards. It was last sold for £337,500 in November 2014, which was around 1% above the average November 2014 detached price in the Colchester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

MYRTLE COTTAGE Sold Prices

Land registry data shows two sales for MYRTLE COTTAGE 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. One of the two MYRTLE COTTAGE sales was for above the average price, whilst the other was 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
2014 28 NOV	£337,500	£334,632	1% above HPI
2007 1 FEB	£265,000	£294,497	10% below HPI

MYRTLE 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 two MYRTLE COTTAGE sales from February 2007 and November 2014 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 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 115m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Abberton, based on EPC data. The below chart shows the distribution of detached houses by size in Abberton, and where MYRTLE COTTAGE lies on this distribution: 42% of detached houses are smaller than MYRTLE COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Abberton.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of MYRTLE 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 MYRTLE 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located on LAYER ROAD in ABBERTON, in the CO5 postcode district. The below map shows the position of MYRTLE COTTAGE on LAYER ROAD.