6, KINGSMERE CLOSE, WEST MERSEA, COLCHESTER, CO5 8AF - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 KINGSMERE CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £411,989. It was last sold for £220,000 in November 2009, which was around 19% below the average November 2009 detached price in the Colchester local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

6 KINGSMERE CLOSE Sold Prices

Land registry data shows three sales for 6 KINGSMERE CLOSE 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. All of the three 6 KINGSMERE 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
2009 20 NOV	£220,000	£270,319	19% below HPI
2003 25 APR	£175,000	£228,643	23% below HPI
2002 4 MAR	£135,500	£181,888	26% below HPI

6 KINGSMERE 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 three 6 KINGSMERE CLOSE sales between March 2002 and November 2009 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 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2009 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 6 KINGSMERE CLOSE be worth now?

6 KINGSMERE CLOSE might now be worth an estimated £411,989.

This is based on house price inflation of 87.3%, between November 2009 and March 2026, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.3% inflationary increase is applied to the most recent sale price for 6 KINGSMERE CLOSE of £220,000 on 20th November 2009. For the value to have increased from £220,000 to £411,989 over the seventeen years and eight months to March 2026, the following assumptions must hold true:

• The value of 6 KINGSMERE CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2009 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 6 KINGSMERE CLOSE has not materially changed since November 2009.

How Large is 6 KINGSMERE CLOSE?

6 KINGSMERE CLOSE is 74m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Mersea, and where 6 KINGSMERE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 6 KINGSMERE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

6 KINGSMERE CLOSE: Plot and Title Map

6 KINGSMERE CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 6 KINGSMERE 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 6 KINGSMERE 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 6 KINGSMERE CLOSE?

6 KINGSMERE CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 6 on KINGSMERE CLOSE.