16, SHEARS CRESCENT, WEST MERSEA, COLCHESTER, CO5 8AR - £427,000

16 SHEARS CRESCENT is a large extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £427,000 in March 2021, which was around 3% below the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

16 SHEARS CRESCENT Sold Prices

Land registry data shows three sales for 16 SHEARS CRESCENT 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. One of the three 16 SHEARS CRESCENT sales was for below the average price, whilst two 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
2021 29 MAR	£427,000	£438,624	3% below HPI
2011 19 APR	£295,000	£283,001	4% above HPI
1997 23 JUN	£118,000	£95,840	23% above HPI

16 SHEARS CRESCENT 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 16 SHEARS CRESCENT sales between June 1997 and March 2021 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 April 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 16 SHEARS CRESCENT?

16 SHEARS CRESCENT is 133m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 16 SHEARS CRESCENT lies on this distribution: 65% of detached houses are smaller than 16 SHEARS CRESCENT, and 35% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

16 SHEARS CRESCENT: Plot and Title Map

16 SHEARS CRESCENT sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 16 SHEARS CRESCENT, 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 16 SHEARS CRESCENT). 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 16 SHEARS CRESCENT?

16 SHEARS CRESCENT is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 16 on SHEARS CRESCENT.