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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). 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	£525,018	10% below HPI
2002 4 OCT	£40,000	£218,214	82% below HPI
1998 5 FEB	£127,000	£103,877	22% above HPI
1995 24 AUG	£100,000	£90,663	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.

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 in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 14 KINGSMERE CLOSE lies on this distribution: 63% of detached 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.