5, VICTORY ROAD, WEST MERSEA, COLCHESTER, CO5 8LY - £470,000

5 VICTORY ROAD is a large extended detached house of 147m², built sometime between 1900 and 1929. It was last sold for £470,000 in July 2018, which was around 9% above the average July 2018 detached price in the Colchester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

5 VICTORY ROAD Sold Prices

Land registry data shows three sales for 5 VICTORY 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 5 VICTORY ROAD 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
2018 11 JUL	£470,000	£433,026	9% above HPI
2004 11 MAR	£265,000	£251,696	5% above HPI
1999 21 JUL	£130,000	£120,463	8% above HPI

5 VICTORY 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 5 VICTORY ROAD sales between July 1999 and July 2018 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2018 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 5 VICTORY ROAD?

5 VICTORY ROAD is 147m², which includes one extension, according to the EPC inspection conducted in February 2018. 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 5 VICTORY ROAD lies on this distribution: 74% of detached houses are smaller than 5 VICTORY ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

5 VICTORY ROAD: Plot and Title Map

5 VICTORY ROAD sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 5 VICTORY 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 5 VICTORY 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 5 VICTORY ROAD?

5 VICTORY ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 5 on VICTORY ROAD.