16, THE COVERTS, WEST MERSEA, COLCHESTER, CO5 8AW - £630,000

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 THE COVERTS is a midsized detached house of 127m², built sometime between 1983 and 1990, which could now be worth an estimated £643,170. It was last sold for £630,000 in April 2022, which was around 28% above the average April 2022 detached price in the Colchester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

16 THE COVERTS Sold Prices

Land registry data shows two sales for 16 THE COVERTS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 16 THE COVERTS sales 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 21 APR	£630,000	£491,958	28% above HPI
1996 2 MAY	£135,000	£89,331	51% above HPI

16 THE COVERTS 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 two 16 THE COVERTS sales from May 1996 and April 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 May 1996 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the April 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 16 THE COVERTS be worth now?

16 THE COVERTS might now be worth an estimated £643,170.

This is based on house price inflation of 2.1%, between April 2022 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 2.1% inflationary increase is applied to the most recent sale price for 16 THE COVERTS of £630,000 on 21st April 2022. For the value to have increased from £630,000 to £643,170 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 16 THE COVERTS has moved in line with the HPI for detached houses in the Colchester local authority area.
• The April 2022 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE COVERTS has not materially changed since April 2022.

How Large is 16 THE COVERTS?

16 THE COVERTS is 127m² according to the EPC inspection conducted in February 2019. This puts it in the largest 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 16 THE COVERTS lies on this distribution: 59% of detached houses houses are smaller than 16 THE COVERTS, and 40% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

16 THE COVERTS: Plot and Title Map

16 THE COVERTS sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 16 THE COVERTS, 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 THE COVERTS). 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 THE COVERTS?

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