OLD SHIP COTTAGE, EAST ROAD, EAST MERSEA, COLCHESTER, CO5 8UN - £600,000

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

OLD SHIP COTTAGE is a very large detached house of 251m², built sometime between 1996 and 2002. It was last sold for £600,000 in July 2006, which was around 115% above the average July 2006 detached price in the Colchester local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

OLD SHIP COTTAGE Sold Prices

Land registry data shows three sales for OLD SHIP COTTAGE 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 OLD SHIP 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
2006 7 JUL	£600,000	£279,139	115% above HPI
2003 15 SEP	£610,000	£237,303	157% above HPI
1998 14 AUG	£133,000	£111,246	20% above HPI

OLD SHIP 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 three OLD SHIP COTTAGE sales between August 1998 and July 2006 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 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the July 2006 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.

How Large is OLD SHIP COTTAGE?

OLD SHIP COTTAGE is 251m² according to the EPC inspection conducted in April 2018. This puts it in the largest 10% 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 OLD SHIP COTTAGE lies on this distribution: 96% of detached houses are smaller than OLD SHIP COTTAGE, and 4% of houses are larger. Note that EPC data is not available for all properties in East Mersea.

OLD SHIP COTTAGE: Plot and Title Map

OLD SHIP COTTAGE sits on a plot of roughly 0.997 of an acre, or 4,035m². The below map shows the location of OLD SHIP 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 OLD SHIP 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 OLD SHIP COTTAGE?

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