15, TRINITY CLOSE, WEST MERSEA, COLCHESTER, CO5 8RW - £350,000

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.

15 TRINITY CLOSE is a small extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £399,666. It was last sold for £350,000 in March 2021, which was around 20% below the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

15 TRINITY CLOSE Sold Prices

Land registry data shows three sales for 15 TRINITY 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 TRINITY 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
2021 5 MAR	£350,000	£439,829	20% below HPI
2011 15 JUL	£202,000	£283,704	29% below HPI
1996 15 NOV	£75,500	£92,306	18% below HPI

15 TRINITY 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 TRINITY CLOSE sales between November 1996 and March 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 July 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 15 TRINITY CLOSE be worth now?

15 TRINITY CLOSE might now be worth an estimated £399,666.

This is based on house price inflation of 14.2%, between March 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 14.2% inflationary increase is applied to the most recent sale price for 15 TRINITY CLOSE of £350,000 on 5th March 2021. For the value to have increased from £350,000 to £399,666 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 15 TRINITY CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The March 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TRINITY CLOSE has not materially changed since March 2021.

How Large is 15 TRINITY CLOSE?

15 TRINITY CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 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 15 TRINITY CLOSE lies on this distribution: 34% of detached houses houses are smaller than 15 TRINITY CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

15 TRINITY CLOSE: Plot and Title Map

15 TRINITY CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 15 TRINITY 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 TRINITY 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 TRINITY CLOSE?

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