1, PRINCE ALBERT ROAD, WEST MERSEA, COLCHESTER, CO5 8AN - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 PRINCE ALBERT ROAD is a very large extended detached house of 198m², built sometime between 1967 and 1975. It was last sold for £500,000 in May 2015, which was around 43% above the average May 2015 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.

1 PRINCE ALBERT ROAD Sold Prices

Land registry data shows two sales for 1 PRINCE ALBERT ROAD 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 1 PRINCE ALBERT ROAD 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
2015 29 MAY	£500,000	£348,924	43% above HPI
2001 20 APR	£185,000	£155,619	19% above HPI

1 PRINCE ALBERT 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 two 1 PRINCE ALBERT ROAD sales from April 2001 and May 2015 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 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2015 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 1 PRINCE ALBERT ROAD be worth now?

1 PRINCE ALBERT ROAD might now be worth an estimated £728,801.

This is based on house price inflation of 45.8%, between May 2015 and December 2024, 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 45.8% inflationary increase is applied to the most recent sale price for 1 PRINCE ALBERT ROAD of £500,000 on 29th May 2015. For the value to have increased from £500,000 to £728,801 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 1 PRINCE ALBERT ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2015 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PRINCE ALBERT ROAD has not materially changed since May 2015.

How Large is 1 PRINCE ALBERT ROAD?

1 PRINCE ALBERT ROAD is 198m², which includes two extensions, according to the EPC inspection conducted in January 2015. 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 PRINCE ALBERT ROAD lies on this distribution: 92% of detached houses houses are smaller than 1 PRINCE ALBERT ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

1 PRINCE ALBERT ROAD: Plot and Title Map

1 PRINCE ALBERT ROAD sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 1 PRINCE ALBERT 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 1 PRINCE ALBERT 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 1 PRINCE ALBERT ROAD?

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