36, GAINSBOROUGH CLOSE, WEST MERSEA, COLCHESTER, CO5 8PR - £395,000

36 GAINSBOROUGH CLOSE is a midsized extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £395,000 in April 2018, which was around 9% below the average April 2018 detached price in the Colchester local authority area. The most recent EPC inspection was September 2010, where the current energy rating was F, and the potential energy rating was E.

36 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows four sales for 36 GAINSBOROUGH 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 36 GAINSBOROUGH 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
2018 19 APR	£395,000	£434,151	9% below HPI
2011 20 MAY	£227,500	£283,054	20% below HPI
2001 8 FEB	£149,000	£151,676	2% below HPI
1999 30 JUL	£115,000	£120,463	5% below HPI

36 GAINSBOROUGH 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 36 GAINSBOROUGH CLOSE sales between July 1999 and April 2018 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 May 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 36 GAINSBOROUGH CLOSE?

36 GAINSBOROUGH CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in September 2010. 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 36 GAINSBOROUGH CLOSE lies on this distribution: 55% of detached houses are smaller than 36 GAINSBOROUGH CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

36 GAINSBOROUGH CLOSE: Plot and Title Map

36 GAINSBOROUGH CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 36 GAINSBOROUGH 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 36 GAINSBOROUGH 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 36 GAINSBOROUGH CLOSE?

36 GAINSBOROUGH CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 36 on GAINSBOROUGH CLOSE.