17A, REYMEAD CLOSE, WEST MERSEA, COLCHESTER, CO5 8DJ - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

17A REYMEAD CLOSE is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £260,000 in September 2016, which was around 36% below the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

17A REYMEAD CLOSE Sold Prices

Land registry data shows three sales for 17A REYMEAD 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 17A REYMEAD 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
2016 12 SEP	£260,000	£405,861	36% below HPI
2015 16 APR	£222,000	£345,478	36% below HPI
1999 6 AUG	£65,000	£122,586	47% below HPI

17A REYMEAD 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 17A REYMEAD CLOSE sales between August 1999 and September 2016 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 April 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2016 sale, which was also at 36% below the HPI.

How Large is 17A REYMEAD CLOSE?

17A REYMEAD CLOSE is 92m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 17A REYMEAD CLOSE lies on this distribution: 29% of detached houses are smaller than 17A REYMEAD CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

17A REYMEAD CLOSE: Plot and Title Map

17A REYMEAD CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 17A REYMEAD 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 17A REYMEAD 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 17A REYMEAD CLOSE?

17A REYMEAD CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 17A on REYMEAD CLOSE.