VALLETTA, MERSEA ROAD, BLACKHEATH, COLCHESTER, CO2 0BX - £360,000

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

VALLETTA is a very large extended detached house of 187m², built sometime between 1950 and 1966. It was last sold for £360,000 in December 2010, which was around 26% above the average December 2010 detached price in the Colchester local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

VALLETTA Sold Prices

Land registry data shows two sales for VALLETTA 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 VALLETTA 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
2010 17 DEC	£360,000	£284,672	26% above HPI
1996 10 MAY	£80,000	£89,086	10% below HPI

VALLETTA 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 VALLETTA sales from May 1996 and December 2010 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 May 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2010 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is VALLETTA?

VALLETTA is 187m², which includes three extensions, according to the EPC inspection conducted in October 2019. 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 VALLETTA lies on this distribution: 97% of detached houses are smaller than VALLETTA, and 3% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

VALLETTA: Plot and Title Map

VALLETTA sits on a plot of roughly 0.485 of an acre, or 1,964m². The below map shows the location of VALLETTA, 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 VALLETTA). 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 VALLETTA?

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