12, THE COVERTS, WEST MERSEA, COLCHESTER, CO5 8AW - £395,000

12 THE COVERTS is a midsized detached house of 124m², built sometime between 1983 and 1990. It was last sold for £395,000 in March 2015, which was around 17% above the average March 2015 detached price in the Colchester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was A.

12 THE COVERTS Sold Prices

Land registry data shows four sales for 12 THE COVERTS 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 12 THE COVERTS 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
2015 12 MAR	£395,000	£337,985	17% above HPI
2014 7 MAR	£327,500	£311,614	5% above HPI
2003 17 APR	£310,000	£228,017	36% above HPI
2000 5 MAY	£175,000	£141,661	24% above HPI

12 THE COVERTS 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 12 THE COVERTS sales between May 2000 and March 2015 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 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2015 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 12 THE COVERTS?

12 THE COVERTS is 124m² according to the EPC inspection conducted in March 2023. This puts it in the largest 50% 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 THE COVERTS lies on this distribution: 58% of detached houses are smaller than 12 THE COVERTS, and 42% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

12 THE COVERTS: Plot and Title Map

12 THE COVERTS sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 12 THE COVERTS, 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 THE COVERTS). 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 THE COVERTS?

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