237, MERSEA ROAD, COLCHESTER, CO2 8PW - £340,000

237 MERSEA ROAD is a very small extended detached house of 71m², built sometime between 1950 and 1966. It was last sold for £340,000 in September 2023, which was around 33% below the average September 2023 detached price in the Colchester local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

237 MERSEA ROAD Sold Prices

Land registry data shows three sales for 237 MERSEA ROAD 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 237 MERSEA ROAD 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
2023 21 SEP	£340,000	£509,772	33% below HPI
2020 15 DEC	£267,000	£456,805	42% below HPI
2000 17 APR	£83,000	£138,198	40% below HPI

237 MERSEA ROAD 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 237 MERSEA ROAD sales between April 2000 and September 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 December 2020 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 237 MERSEA ROAD?

237 MERSEA ROAD is 71m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 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 237 MERSEA ROAD lies on this distribution: 8% of detached houses are smaller than 237 MERSEA ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

237 MERSEA ROAD: Plot and Title Map

237 MERSEA ROAD sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 237 MERSEA ROAD, 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 237 MERSEA ROAD). 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 237 MERSEA ROAD?

237 MERSEA ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 237 on MERSEA ROAD.