10, SHEARS CRESCENT, WEST MERSEA, COLCHESTER, CO5 8AR - £275,000

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.

10 SHEARS CRESCENT is a very large extended detached house of 176m², built sometime between 1967 and 1975, which could now be worth an estimated £477,050. It was last sold for £275,000 in September 2012, which was around 5% below the average September 2012 detached price in the Colchester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

10 SHEARS CRESCENT Sold Prices

Land registry data shows two sales for 10 SHEARS CRESCENT 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 10 SHEARS CRESCENT sales was for below the average price, whilst the other was 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
2012 20 SEP	£275,000	£289,522	5% below HPI
2002 8 MAY	£223,000	£188,108	19% above HPI

10 SHEARS CRESCENT 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 10 SHEARS CRESCENT sales from May 2002 and September 2012 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 May 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2012 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 10 SHEARS CRESCENT be worth now?

10 SHEARS CRESCENT might now be worth an estimated £477,050.

This is based on house price inflation of 73.5%, between September 2012 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 73.5% inflationary increase is applied to the most recent sale price for 10 SHEARS CRESCENT of £275,000 on 20th September 2012. For the value to have increased from £275,000 to £477,050 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 SHEARS CRESCENT has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2012 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SHEARS CRESCENT has not materially changed since September 2012.

How Large is 10 SHEARS CRESCENT?

10 SHEARS CRESCENT is 176m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 20% 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 10 SHEARS CRESCENT lies on this distribution: 86% of detached houses houses are smaller than 10 SHEARS CRESCENT, and 14% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

10 SHEARS CRESCENT: Plot and Title Map

10 SHEARS CRESCENT sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 10 SHEARS CRESCENT, 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 10 SHEARS CRESCENT). 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 10 SHEARS CRESCENT?

10 SHEARS CRESCENT is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 10 on SHEARS CRESCENT.