1, GROVE AVENUE, WEST MERSEA, COLCHESTER, CO5 8AE - £960,000

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.

1 GROVE AVENUE is a very large extended detached house of 324m², built sometime between 1900 and 1929, which could now be worth an estimated £1,092,088. It was last sold for £960,000 in August 2019, which was around 117% above the average August 2019 detached price in the Colchester local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

1 GROVE AVENUE Sold Prices

Land registry data shows three sales for 1 GROVE AVENUE 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 1 GROVE AVENUE sales were for above 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
2019 8 AUG	£960,000	£441,496	117% above HPI
2010 13 SEP	£730,000	£288,685	153% above HPI
2002 11 APR	£288,500	£183,799	57% above HPI

1 GROVE AVENUE 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 1 GROVE AVENUE sales between April 2002 and August 2019 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 September 2010 sale was for 153% above the HPI. So the extrapolation line tracks at 153% above the HPI over time, until the August 2019 sale, where it falls to 117% above the HPI. The line then continues to track at 117% above the HPI.

What might 1 GROVE AVENUE be worth now?

1 GROVE AVENUE might now be worth an estimated £1,092,088.

This is based on house price inflation of 13.8%, between August 2019 and February 2025, 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 13.8% inflationary increase is applied to the most recent sale price for 1 GROVE AVENUE of £960,000 on 8th August 2019. For the value to have increased from £960,000 to £1,092,088 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 1 GROVE AVENUE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2019 sale price of £960,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GROVE AVENUE has not materially changed since August 2019.

How Large is 1 GROVE AVENUE?

1 GROVE AVENUE is 324m², which includes three extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% 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 1 GROVE AVENUE lies on this distribution: 99% of detached houses houses are smaller than 1 GROVE AVENUE, and 1% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

1 GROVE AVENUE: Plot and Title Map

1 GROVE AVENUE sits on a plot of roughly 0.339 of an acre, or 1,373m². The below map shows the location of 1 GROVE AVENUE, 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 1 GROVE AVENUE). 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 1 GROVE AVENUE?

1 GROVE AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 1 on GROVE AVENUE.