16, HOGARTH CLOSE, WEST MERSEA, COLCHESTER, CO5 8PT - £358,000

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.

16 HOGARTH CLOSE is a small detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £392,531. It was last sold for £358,000 in December 2020, which was around 22% below the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was A.

16 HOGARTH CLOSE Sold Prices

Land registry data shows five sales for 16 HOGARTH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 16 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
2020 2 DEC	£358,000	£458,060	22% below HPI
2004 9 JUL	£233,000	£259,751	10% below HPI
2002 16 AUG	£170,000	£205,639	17% below HPI
2001 6 JUL	£143,000	£163,793	13% below HPI
2000 26 MAY	£126,500	£142,050	11% below HPI

16 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 five 16 HOGARTH CLOSE sales between May 2000 and December 2020 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 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 16 HOGARTH CLOSE be worth now?

16 HOGARTH CLOSE might now be worth an estimated £392,531.

This is based on house price inflation of 9.6%, between December 2020 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 9.6% inflationary increase is applied to the most recent sale price for 16 HOGARTH CLOSE of £358,000 on 2nd December 2020. For the value to have increased from £358,000 to £392,531 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 HOGARTH CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2020 sale price of £358,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HOGARTH CLOSE has not materially changed since December 2020.

How Large is 16 HOGARTH CLOSE?

16 HOGARTH CLOSE is 88m² according to the EPC inspection conducted in June 2019. 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 16 HOGARTH CLOSE lies on this distribution: 23% of detached houses houses are smaller than 16 HOGARTH CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

16 HOGARTH CLOSE: Plot and Title Map

16 HOGARTH CLOSE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 16 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 16 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 16 HOGARTH CLOSE?

16 HOGARTH CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 16 on HOGARTH CLOSE.