3, FARTHINGS CHASE, WEST MERSEA, COLCHESTER, CO5 8GZ - £675,000

3 FARTHINGS CHASE is a very large detached house of 181m², built sometime between 1996 and 2002. It was last sold for £675,000 in May 2022, which was around 36% above the average May 2022 detached price in the Colchester local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

3 FARTHINGS CHASE Sold Prices

Land registry data shows two sales for 3 FARTHINGS CHASE 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 FARTHINGS CHASE sales were for above 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
2022 20 MAY	£675,000	£497,548	36% above HPI
2003 14 NOV	£386,000	£238,979	62% above HPI

3 FARTHINGS CHASE 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 FARTHINGS CHASE sales from November 2003 and May 2022 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 November 2003 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the May 2022 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 3 FARTHINGS CHASE?

3 FARTHINGS CHASE is 181m² according to the EPC inspection conducted in October 2021. This puts it in the largest 20% 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 FARTHINGS CHASE lies on this distribution: 88% of detached houses are smaller than 3 FARTHINGS CHASE, and 12% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

3 FARTHINGS CHASE: Plot and Title Map

3 FARTHINGS CHASE sits on a plot of roughly 0.383 of an acre, or 1,549m². The below map shows the location of 3 FARTHINGS CHASE, 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 FARTHINGS CHASE). 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 FARTHINGS CHASE?

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