3, ELMWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8RD - £247,500

3 ELMWOOD DRIVE is a midsized extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £247,500 in September 2013, which was around 17% below the average September 2013 detached price in the Colchester local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

3 ELMWOOD DRIVE Sold Prices

Land registry data shows two sales for 3 ELMWOOD DRIVE 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 3 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
2013 3 SEP	£247,500	£299,937	17% below HPI
2008 20 OCT	£168,000	£263,433	36% below HPI

3 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 two 3 ELMWOOD DRIVE sales from October 2008 and September 2013 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 October 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2013 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 ELMWOOD DRIVE?

3 ELMWOOD DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% 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 3 ELMWOOD DRIVE lies on this distribution: 43% of detached houses are smaller than 3 ELMWOOD DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

3 ELMWOOD DRIVE: Plot and Title Map

3 ELMWOOD DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 3 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 3 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 3 ELMWOOD DRIVE?

3 ELMWOOD DRIVE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 3 on ELMWOOD DRIVE.