2, ROSEBANK ROAD, WEST MERSEA, COLCHESTER, CO5 8NH - £370,000

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.

2 ROSEBANK ROAD is a midsized detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £478,454. It was last sold for £370,000 in June 2016, which was around 5% below the average June 2016 detached price in the Colchester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

2 ROSEBANK ROAD Sold Prices

Land registry data shows two sales for 2 ROSEBANK ROAD 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 2 ROSEBANK ROAD 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 24 JUN	£370,000	£388,396	5% below HPI
2000 9 JUN	£85,000	£144,233	41% below HPI

2 ROSEBANK ROAD 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 2 ROSEBANK ROAD sales from June 2000 and June 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 June 2000 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 ROSEBANK ROAD be worth now?

2 ROSEBANK ROAD might now be worth an estimated £478,454.

This is based on house price inflation of 29.3%, between June 2016 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 29.3% inflationary increase is applied to the most recent sale price for 2 ROSEBANK ROAD of £370,000 on 24th June 2016. For the value to have increased from £370,000 to £478,454 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 2 ROSEBANK ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2016 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROSEBANK ROAD has not materially changed since June 2016.

How Large is 2 ROSEBANK ROAD?

2 ROSEBANK ROAD is 120m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% 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 2 ROSEBANK ROAD lies on this distribution: 54% of detached houses houses are smaller than 2 ROSEBANK ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

2 ROSEBANK ROAD: Plot and Title Map

2 ROSEBANK ROAD sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 2 ROSEBANK 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 2 ROSEBANK 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 2 ROSEBANK ROAD?

2 ROSEBANK ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 2 on ROSEBANK ROAD.