8, MERCURY CLOSE, COLCHESTER, CO2 9RJ - £195,000

8 MERCURY CLOSE is a very large detached house of 165m², built sometime between 1996 and 2002. It was last sold for £195,000 in February 2002, which was around 8% above the average February 2002 detached price in the Colchester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

8 MERCURY CLOSE Sold Prices

Land registry data shows two sales for 8 MERCURY 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. One of the two 8 MERCURY CLOSE sales was for above the average price, whilst the other was 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
2002 14 FEB	£195,000	£179,770	8% above HPI
1996 6 JAN	£79,500	£88,290	10% below HPI

8 MERCURY 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 8 MERCURY CLOSE sales from January 1996 and February 2002 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 January 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2002 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 8 MERCURY CLOSE?

8 MERCURY CLOSE is 165m² according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 8 MERCURY CLOSE lies on this distribution: 87% of detached houses are smaller than 8 MERCURY CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 MERCURY CLOSE: Plot and Title Map

8 MERCURY CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 8 MERCURY 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 8 MERCURY 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 8 MERCURY CLOSE?

8 MERCURY CLOSE is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 8 on MERCURY CLOSE.