12, SPRUCE CLOSE, WEST MERSEA, COLCHESTER, CO5 8PU - £350,000

12 SPRUCE CLOSE is a small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £350,000 in September 2016, which was around 14% below the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

12 SPRUCE CLOSE Sold Prices

Land registry data shows two sales for 12 SPRUCE CLOSE 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 12 SPRUCE CLOSE 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
2016 19 SEP	£350,000	£405,861	14% below HPI
1997 24 JUL	£122,500	£98,262	25% above HPI

12 SPRUCE CLOSE 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 12 SPRUCE CLOSE sales from July 1997 and September 2016 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 1997 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 12 SPRUCE CLOSE?

12 SPRUCE CLOSE is 93m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% 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 12 SPRUCE CLOSE lies on this distribution: 30% of detached houses are smaller than 12 SPRUCE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

12 SPRUCE CLOSE: Plot and Title Map

12 SPRUCE CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 12 SPRUCE CLOSE, 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 12 SPRUCE CLOSE). 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 12 SPRUCE CLOSE?

12 SPRUCE CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 12 on SPRUCE CLOSE.