4, LEA SIDE, WEST MERSEA, COLCHESTER, CO5 8PL - £460,000

4 LEA SIDE is a large detached house of 158m², built sometime between 1983 and 1990. It was last sold for £460,000 in February 2015, which was around 37% above the average February 2015 detached price in the Colchester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

4 LEA SIDE Sold Prices

Land registry data shows four sales for 4 LEA SIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 4 LEA SIDE 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
2015 27 FEB	£460,000	£334,760	37% above HPI
2004 13 FEB	£315,000	£247,816	27% above HPI
2001 28 SEP	£249,000	£172,674	44% above HPI
1996 18 NOV	£135,000	£92,053	47% above HPI

4 LEA SIDE 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 four 4 LEA SIDE sales between November 1996 and February 2015 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 February 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the February 2015 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 4 LEA SIDE?

4 LEA SIDE is 158m² according to the EPC inspection conducted in November 2014. 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 4 LEA SIDE lies on this distribution: 79% of detached houses are smaller than 4 LEA SIDE, and 21% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

4 LEA SIDE: Plot and Title Map

4 LEA SIDE sits on a plot of roughly 0.222 of an acre, or 896m². The below map shows the location of 4 LEA SIDE, 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 4 LEA SIDE). 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 4 LEA SIDE?

4 LEA SIDE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 4 on LEA SIDE.