1, CROSS WAY, WEST MERSEA, COLCHESTER, CO5 8HW - £273,000

1 CROSS WAY is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £273,000 in January 2011, which was around 4% below the average January 2011 detached price in the Colchester local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

1 CROSS WAY Sold Prices

Land registry data shows two sales for 1 CROSS WAY 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 1 CROSS WAY sales were 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
2011 21 JAN	£273,000	£285,683	4% below HPI
1996 21 AUG	£72,000	£90,909	21% below HPI

1 CROSS WAY 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 1 CROSS WAY sales from August 1996 and January 2011 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 August 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2011 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 CROSS WAY?

1 CROSS WAY is 93m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 1 CROSS WAY lies on this distribution: 30% of detached houses are smaller than 1 CROSS WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

1 CROSS WAY: Plot and Title Map

1 CROSS WAY sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of 1 CROSS WAY, 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 1 CROSS WAY). 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 1 CROSS WAY?

1 CROSS WAY is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 1 on CROSS WAY.