4, SPRUCE CLOSE, WEST MERSEA, COLCHESTER, CO5 8PU - £417,500

4 SPRUCE CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £417,500 in December 2022, which was around 21% below the average December 2022 detached price in the Colchester local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

4 SPRUCE CLOSE Sold Prices

Land registry data shows two sales for 4 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. Both of the two 4 SPRUCE 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
2022 20 DEC	£417,500	£529,466	21% below HPI
2005 28 OCT	£200,000	£268,420	25% below HPI

4 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 4 SPRUCE CLOSE sales from October 2005 and December 2022 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 October 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 SPRUCE CLOSE?

4 SPRUCE CLOSE is 73m² according to the EPC inspection conducted in November 2022. 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 4 SPRUCE CLOSE lies on this distribution: 10% of detached houses are smaller than 4 SPRUCE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

4 SPRUCE CLOSE: Plot and Title Map

4 SPRUCE CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 4 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 4 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 4 SPRUCE CLOSE?

4 SPRUCE CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 4 on SPRUCE CLOSE.