5, WOODFIELD DRIVE, WEST MERSEA, COLCHESTER, CO5 8PX - £355,000

5 WOODFIELD DRIVE is a small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £355,000 in May 2017, which was around 15% below the average May 2017 detached price in the Colchester local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

5 WOODFIELD DRIVE Sold Prices

Land registry data shows four sales for 5 WOODFIELD DRIVE 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 5 WOODFIELD DRIVE 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
2017 19 MAY	£355,000	£416,527	15% below HPI
2010 17 SEP	£249,950	£287,894	13% below HPI
2009 17 JUL	£199,995	£252,592	21% below HPI
2004 21 SEP	£189,000	£263,131	28% below HPI

5 WOODFIELD DRIVE 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 5 WOODFIELD DRIVE sales between September 2004 and May 2017 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 September 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 WOODFIELD DRIVE?

5 WOODFIELD DRIVE is 86m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 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 WOODFIELD DRIVE lies on this distribution: 22% of detached houses are smaller than 5 WOODFIELD DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

5 WOODFIELD DRIVE: Plot and Title Map

5 WOODFIELD DRIVE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 5 WOODFIELD DRIVE, 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 WOODFIELD DRIVE). 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 WOODFIELD DRIVE?

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