VERNER, MILL ROAD, MARKS TEY, COLCHESTER, CO6 1EA - £360,000

VERNER is a small extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £360,000 in March 2019, which was around 17% below the average March 2019 detached price in the Colchester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

VERNER Sold Prices

Land registry data shows two sales for VERNER since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the two VERNER sales was for below the average price, whilst the other was 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
2019 15 MAR	£360,000	£433,555	17% below HPI
2003 17 MAR	£250,000	£227,259	10% above HPI

VERNER 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 two VERNER sales from March 2003 and March 2019 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 2003 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is VERNER?

VERNER is 110m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in Copford, based on EPC data. The below chart shows the distribution of detached houses by size in Copford, and where VERNER lies on this distribution: 26% of detached houses are smaller than VERNER, and 73% of houses are larger. Note that EPC data is not available for all properties in Copford.

VERNER: Plot and Title Map

VERNER sits on a plot of roughly 0.392 of an acre, or 1,585m². The below map shows the location of VERNER, 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 VERNER). 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 VERNER?

VERNER is located on MILL ROAD in MARKS TEY, in the CO6 postcode district. The below map shows the position of VERNER on MILL ROAD.