16, RICHMOND ROAD, WEST MERSEA, COLCHESTER, CO5 8PS - £198,000

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

16 RICHMOND ROAD is a very small semi-detached house of 60m², built sometime between 1976 and 1982, which could now be worth an estimated £320,521. It was last sold for £198,000 in July 2014, which was around 5% below the average July 2014 semi-detached price in the Colchester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

16 RICHMOND ROAD Sold Prices

Land registry data shows three sales for 16 RICHMOND ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Two of the three 16 RICHMOND ROAD sales were for below the average price, whilst one was 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
2014 31 JUL	£198,000	£207,647	5% below HPI
1999 26 MAY	£75,950	£70,590	8% above HPI
1996 29 NOV	£48,000	£57,152	16% below HPI

16 RICHMOND ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The three 16 RICHMOND ROAD sales between November 1996 and July 2014 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 May 1999 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 16 RICHMOND ROAD be worth now?

16 RICHMOND ROAD might now be worth an estimated £320,521.

This is based on house price inflation of 61.9%, between July 2014 and December 2024, for semi-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 61.9% inflationary increase is applied to the most recent sale price for 16 RICHMOND ROAD of £198,000 on 31st July 2014. For the value to have increased from £198,000 to £320,521 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 16 RICHMOND ROAD has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The July 2014 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RICHMOND ROAD has not materially changed since July 2014.

How Large is 16 RICHMOND ROAD?

16 RICHMOND ROAD is 60m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of semi-detached houses houses in West Mersea, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in West Mersea, and where 16 RICHMOND ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 16 RICHMOND ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

16 RICHMOND ROAD: Plot and Title Map

16 RICHMOND ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 16 RICHMOND ROAD, 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 RICHMOND ROAD). 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 RICHMOND ROAD?

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