320, MERSEA ROAD, COLCHESTER, CO2 8QY - £425,000

320 MERSEA ROAD is a large extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £425,000 in February 2024, which was around 14% below the average February 2024 detached price in the Colchester local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

320 MERSEA ROAD Sold Prices

Land registry data shows three sales for 320 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 320 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
2024 29 FEB	£425,000	£493,476	14% below HPI
2019 22 MAR	£346,000	£433,555	20% below HPI
2015 16 JUN	£237,000	£346,020	32% below HPI

320 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 320 MERSEA ROAD sales between June 2015 and February 2024 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 March 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 320 MERSEA ROAD?

320 MERSEA ROAD is 123m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 30% of detached houses in Berechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Berechurch, and where 320 MERSEA ROAD lies on this distribution: 74% of detached houses are smaller than 320 MERSEA ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Berechurch.

320 MERSEA ROAD: Plot and Title Map

320 MERSEA ROAD sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 320 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 320 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 320 MERSEA ROAD?

320 MERSEA ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 320 on MERSEA ROAD.