15, HOGARTH CLOSE, WEST MERSEA, COLCHESTER, CO5 8PT - £439,000

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

15 HOGARTH CLOSE is a small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £439,000 in January 2024, which was around 12% below the average January 2024 detached price in the Colchester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

15 HOGARTH CLOSE Sold Prices

Land registry data shows three sales for 15 HOGARTH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 15 HOGARTH CLOSE sales were for below 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
2024 31 JAN	£439,000	£501,220	12% below HPI
1999 30 JUL	£110,000	£120,794	9% below HPI
1997 6 AUG	£91,950	£99,788	8% below HPI

15 HOGARTH 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 three 15 HOGARTH CLOSE sales between August 1997 and January 2024 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 July 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2024 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 15 HOGARTH CLOSE be worth now?

15 HOGARTH CLOSE might now be worth an estimated £445,457.

This is based on house price inflation of 1.5%, between January 2024 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 1.5% inflationary increase is applied to the most recent sale price for 15 HOGARTH CLOSE of £439,000 on 31st January 2024. For the value to have increased from £439,000 to £445,457 over the one month to December 2024, the following assumptions must hold true:

• The value of 15 HOGARTH CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The January 2024 sale price of £439,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HOGARTH CLOSE has not materially changed since January 2024.

How Large is 15 HOGARTH CLOSE?

15 HOGARTH CLOSE is 86m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% 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 15 HOGARTH CLOSE lies on this distribution: 22% of detached houses houses are smaller than 15 HOGARTH CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

15 HOGARTH CLOSE: Plot and Title Map

15 HOGARTH CLOSE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 15 HOGARTH 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 15 HOGARTH 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 15 HOGARTH CLOSE?

15 HOGARTH CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 15 on HOGARTH CLOSE.