1, WALDEGRAVES LANE, WEST MERSEA, COLCHESTER, CO5 8SB - £600,000

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 WALDEGRAVES LANE is a midsized detached house of 126m², built sometime between 1983 and 1990, which could now be worth an estimated £679,215. It was last sold for £600,000 in June 2021, which was around 35% above the average June 2021 detached price in the Colchester local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

1 WALDEGRAVES LANE Sold Prices

Land registry data shows five sales for 1 WALDEGRAVES LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 1 WALDEGRAVES LANE 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
2021 29 JUN	£600,000	£443,667	35% above HPI
2013 28 AUG	£540,000	£293,912	84% above HPI
2003 2 DEC	£500,000	£241,356	107% above HPI
1998 27 NOV	£260,000	£112,678	131% above HPI
1995 5 MAY	£115,000	£90,483	27% above HPI

1 WALDEGRAVES LANE 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 five 1 WALDEGRAVES LANE sales between May 1995 and June 2021 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 August 2013 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the June 2021 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 1 WALDEGRAVES LANE be worth now?

1 WALDEGRAVES LANE might now be worth an estimated £679,215.

This is based on house price inflation of 13.2%, between June 2021 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 13.2% inflationary increase is applied to the most recent sale price for 1 WALDEGRAVES LANE of £600,000 on 29th June 2021. For the value to have increased from £600,000 to £679,215 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 1 WALDEGRAVES LANE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2021 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WALDEGRAVES LANE has not materially changed since June 2021.

How Large is 1 WALDEGRAVES LANE?

1 WALDEGRAVES LANE is 126m² according to the EPC inspection conducted in March 2012. This puts it in the largest 50% 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 WALDEGRAVES LANE lies on this distribution: 59% of detached houses houses are smaller than 1 WALDEGRAVES LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

1 WALDEGRAVES LANE: Plot and Title Map

1 WALDEGRAVES LANE sits on a plot of roughly 0.405 of an acre, or 1,639m². The below map shows the location of 1 WALDEGRAVES LANE, 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 WALDEGRAVES LANE). 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 WALDEGRAVES LANE?

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