20, GAINSBOROUGH CLOSE, WEST MERSEA, COLCHESTER, CO5 8PR - £205,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

20 GAINSBOROUGH CLOSE is a very small detached house of 62m², built sometime between 1976 and 1982. It was last sold for £205,000 in June 2010, which was around 27% below the average June 2010 detached price in the Colchester local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

20 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 20 GAINSBOROUGH CLOSE 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 20 GAINSBOROUGH 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
2010 22 JUN	£205,000	£280,646	27% below HPI
2007 7 AUG	£240,000	£307,629	22% below HPI

20 GAINSBOROUGH 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 two 20 GAINSBOROUGH CLOSE sales from August 2007 and June 2010 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 August 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2010 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 20 GAINSBOROUGH CLOSE?

20 GAINSBOROUGH CLOSE is 62m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% 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 20 GAINSBOROUGH CLOSE lies on this distribution: 3% of detached houses are smaller than 20 GAINSBOROUGH CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

20 GAINSBOROUGH CLOSE: Plot and Title Map

20 GAINSBOROUGH CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 20 GAINSBOROUGH 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 20 GAINSBOROUGH 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 20 GAINSBOROUGH CLOSE?

20 GAINSBOROUGH CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 20 on GAINSBOROUGH CLOSE.