14, KINGSMERE CLOSE, WEST MERSEA, COLCHESTER, CO5 8AF - £475,000

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

14 KINGSMERE CLOSE is a large detached house of 130m², built sometime between 1991 and 1995. It was last sold for £475,000 in November 2022, which was around 10% below the average November 2022 detached price in the Colchester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

14 KINGSMERE CLOSE Sold Prices

Land registry data shows four sales for 14 KINGSMERE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. two of the four 14 KINGSMERE CLOSE sales were for below the average price, and four 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
2022 30 NOV	£475,000	£526,460	10% below HPI
2002 4 OCT	£40,000	£218,813	82% below HPI
1998 5 FEB	£127,000	£104,163	22% above HPI
1995 24 AUG	£100,000	£90,912	10% above HPI

14 KINGSMERE 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 four 14 KINGSMERE CLOSE sales between August 1995 and November 2022 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 October 2002 sale was for 82% below the HPI. So the extrapolation line tracks at 82% below the HPI over time, until the November 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 14 KINGSMERE CLOSE be worth now?

14 KINGSMERE CLOSE might now be worth an estimated £458,879.

This is based on house price deflation of 3.4%, between November 2022 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 3.4% deflationary decrease is applied to the most recent sale price for 14 KINGSMERE CLOSE of £475,000 on 30th November 2022. For the value to have decreased from £475,000 to £458,879 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 14 KINGSMERE CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 14 KINGSMERE CLOSE has not materially changed since November 2022.

How Large is 14 KINGSMERE CLOSE?

14 KINGSMERE CLOSE is 130m² according to the EPC inspection conducted in June 2022. This puts it in the largest 40% 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 14 KINGSMERE CLOSE lies on this distribution: 62% of detached houses houses are smaller than 14 KINGSMERE CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

14 KINGSMERE CLOSE: Plot and Title Map

14 KINGSMERE CLOSE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 14 KINGSMERE 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 14 KINGSMERE 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 14 KINGSMERE CLOSE?

14 KINGSMERE CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 14 on KINGSMERE CLOSE.