4, PLEASANT MEWS, WEST MERSEA, COLCHESTER, CO5 8UQ - £242,500

4 PLEASANT MEWS is a very small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £242,500 in July 2014, which was around 24% below the average July 2014 detached price in the Colchester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

4 PLEASANT MEWS Sold Prices

Land registry data shows three sales for 4 PLEASANT 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 4 PLEASANT 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
2014 23 JUL	£242,500	£320,393	24% below HPI
2006 18 JUL	£192,500	£279,139	31% below HPI
1999 18 OCT	£100,000	£125,966	21% below HPI

4 PLEASANT 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 4 PLEASANT MEWS sales between October 1999 and July 2014 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 July 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2014 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 PLEASANT MEWS?

4 PLEASANT MEWS is 74m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 4 PLEASANT MEWS lies on this distribution: 11% of detached houses are smaller than 4 PLEASANT MEWS, and 88% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

4 PLEASANT MEWS: Plot and Title Map

4 PLEASANT MEWS sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 4 PLEASANT 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 4 PLEASANT 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 4 PLEASANT MEWS?

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