1A, RUSHMERE CLOSE, WEST MERSEA, COLCHESTER, CO5 8QQ - £175,000

1A RUSHMERE CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £175,000 in August 2015, which was around 50% below the average August 2015 detached price in the Colchester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

1A RUSHMERE CLOSE Sold Prices

Land registry data shows four sales for 1A RUSHMERE CLOSE 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 1A RUSHMERE CLOSE 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
2015 12 AUG	£175,000	£352,908	50% below HPI
2006 1 MAR	£126,000	£277,662	55% below HPI
2005 22 NOV	£196,666	£268,424	27% below HPI
1998 18 DEC	£83,000	£111,745	26% below HPI

1A RUSHMERE 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 four 1A RUSHMERE CLOSE sales between December 1998 and August 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 2006 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2015 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 1A RUSHMERE CLOSE?

1A RUSHMERE CLOSE is 74m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% 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 1A RUSHMERE CLOSE lies on this distribution: 11% of detached houses are smaller than 1A RUSHMERE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

1A RUSHMERE CLOSE: Plot and Title Map

1A RUSHMERE CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 1A RUSHMERE 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 1A RUSHMERE 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 1A RUSHMERE CLOSE?

1A RUSHMERE CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 1A on RUSHMERE CLOSE.