7, RICHMOND ROAD, WEST MERSEA, COLCHESTER, CO5 8PS - £375,000

7 RICHMOND ROAD is a midsized extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £375,000 in December 2020, which was around 18% below the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

7 RICHMOND ROAD Sold Prices

Land registry data shows three sales for 7 RICHMOND ROAD 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 7 RICHMOND ROAD 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
2020 11 DEC	£375,000	£456,805	18% below HPI
2016 21 JUL	£338,000	£389,996	13% below HPI
2007 13 SEP	£275,000	£306,812	10% below HPI

7 RICHMOND ROAD 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 7 RICHMOND ROAD sales between September 2007 and December 2020 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 July 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 RICHMOND ROAD?

7 RICHMOND ROAD is 122m², which includes two extensions, according to the EPC inspection conducted in January 2015. 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 7 RICHMOND ROAD lies on this distribution: 57% of detached houses are smaller than 7 RICHMOND ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

7 RICHMOND ROAD: Plot and Title Map

7 RICHMOND ROAD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 7 RICHMOND ROAD, 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 7 RICHMOND ROAD). 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 7 RICHMOND ROAD?

7 RICHMOND ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 7 on RICHMOND ROAD.