ROSE COTTAGE, MERSEA ROAD, PELDON, COLCHESTER, CO5 7QE - £632,000

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

ROSE COTTAGE is a large extended detached house of 201m², built sometime before 1900. It was last sold for £632,000 in October 2018, which was around 44% above the average October 2018 detached price in the Colchester local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

ROSE COTTAGE Sold Prices

Land registry data shows two sales for ROSE 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. Both of the two ROSE 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
2018 12 OCT	£632,000	£439,997	44% above HPI
2010 29 OCT	£405,000	£289,614	40% above HPI

ROSE 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 ROSE COTTAGE sales from October 2010 and October 2018 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 October 2010 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2018 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is ROSE COTTAGE?

ROSE COTTAGE is 201m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in Peldon, based on EPC data. The below chart shows the distribution of detached houses by size in Peldon, and where ROSE COTTAGE lies on this distribution: 76% of detached houses are smaller than ROSE COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Peldon.

ROSE COTTAGE: Plot and Title Map

ROSE COTTAGE sits on a plot of roughly 0.558 of an acre, or 2,257m². The below map shows the location of ROSE 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 ROSE 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 ROSE COTTAGE?

ROSE COTTAGE is located on MERSEA ROAD in PELDON, in the CO5 postcode district. The below map shows the position of ROSE COTTAGE on MERSEA ROAD.