TORENA, MERSEA ROAD, BLACKHEATH, COLCHESTER, CO2 0BU - £495,000

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

TORENA is a very large extended detached house of 146m², built sometime between 1976 and 1982. It was last sold for £495,000 in December 2023, which was around 1% below the average December 2023 detached price in the Colchester local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

TORENA Sold Prices

Land registry data shows three sales for TORENA 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. Two of the three TORENA sales were for below the average price, whilst one was 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
2023 19 DEC	£495,000	£501,882	1% below HPI
2005 11 FEB	£269,995	£262,309	3% above HPI
1998 21 AUG	£46,100	£111,246	59% below HPI

TORENA 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 TORENA sales between August 1998 and December 2023 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 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is TORENA?

TORENA is 146m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 10% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where TORENA lies on this distribution: 93% of detached houses are smaller than TORENA, and 7% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

TORENA: Plot and Title Map

TORENA sits on a plot of roughly 0.239 of an acre, or 966m². The below map shows the location of TORENA, 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 TORENA). 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 TORENA?

TORENA is located on MERSEA ROAD in BLACKHEATH, in the CO2 postcode district. The below map shows the position of TORENA on MERSEA ROAD.