3, SHEERWATER MEWS, COLCHESTER, CO4 3FL - £250,000

3 SHEERWATER MEWS is a midsized detached house of 120m², built sometime between 1983 and 1990. It was last sold for £250,000 in February 2008, which was around 19% below the average February 2008 detached price in the Colchester local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

3 SHEERWATER MEWS Sold Prices

Land registry data shows three sales for 3 SHEERWATER MEWS 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 3 SHEERWATER MEWS 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
2008 8 FEB	£250,000	£308,097	19% below HPI
2001 14 JUN	£140,000	£159,369	12% below HPI
1998 13 OCT	£100,000	£112,898	11% below HPI

3 SHEERWATER MEWS 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 3 SHEERWATER MEWS sales between October 1998 and February 2008 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 June 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2008 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 SHEERWATER MEWS?

3 SHEERWATER MEWS is 120m² according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 3 SHEERWATER MEWS lies on this distribution: 59% of detached houses are smaller than 3 SHEERWATER MEWS, and 40% of houses are larger. Note that EPC data is not available for all properties in Colchester.

3 SHEERWATER MEWS: Plot and Title Map

3 SHEERWATER MEWS sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 3 SHEERWATER MEWS, 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 SHEERWATER MEWS). 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 SHEERWATER MEWS?

3 SHEERWATER MEWS is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 3 on SHEERWATER MEWS.