38, MERSEA AVENUE, WEST MERSEA, COLCHESTER, CO5 8JL - £544,000

38 MERSEA AVENUE is a large detached house of 144m², built sometime between 1950 and 1966. It was last sold for £544,000 in January 2021, which was around 21% above the average January 2021 detached price in the Colchester local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

38 MERSEA AVENUE Sold Prices

Land registry data shows three sales for 38 MERSEA AVENUE 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. One of the three 38 MERSEA AVENUE sales was for above the average price, whilst two 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
2021 26 JAN	£544,000	£447,931	21% above HPI
2013 12 APR	£160,000	£288,886	45% below HPI
1998 4 FEB	£59,995	£103,877	42% below HPI

38 MERSEA AVENUE 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 38 MERSEA AVENUE sales between February 1998 and January 2021 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 April 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 38 MERSEA AVENUE?

38 MERSEA AVENUE is 144m² according to the EPC inspection conducted in September 2019. This puts it in the largest 30% 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 38 MERSEA AVENUE lies on this distribution: 72% of detached houses are smaller than 38 MERSEA AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

38 MERSEA AVENUE: Plot and Title Map

38 MERSEA AVENUE sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 38 MERSEA AVENUE, 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 38 MERSEA AVENUE). 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 38 MERSEA AVENUE?

38 MERSEA AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 38 on MERSEA AVENUE.