26, ELMWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8RD - £315,000

26 ELMWOOD DRIVE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £315,000 in November 2016, which was around 23% below the average November 2016 detached price in the Colchester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

26 ELMWOOD DRIVE Sold Prices

Land registry data shows three sales for 26 ELMWOOD DRIVE 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 26 ELMWOOD DRIVE 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
2016 17 NOV	£315,000	£409,775	23% below HPI
2015 18 DEC	£215,000	£371,789	42% below HPI
2003 14 MAR	£155,000	£227,259	32% below HPI

26 ELMWOOD DRIVE 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 26 ELMWOOD DRIVE sales between March 2003 and November 2016 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 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 26 ELMWOOD DRIVE?

26 ELMWOOD DRIVE is 61m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% 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 26 ELMWOOD DRIVE lies on this distribution: 2% of detached houses are smaller than 26 ELMWOOD DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

26 ELMWOOD DRIVE: Plot and Title Map

26 ELMWOOD DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 26 ELMWOOD DRIVE, 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 26 ELMWOOD DRIVE). 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 26 ELMWOOD DRIVE?

26 ELMWOOD DRIVE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 26 on ELMWOOD DRIVE.