21, SHEARS CRESCENT, WEST MERSEA, COLCHESTER, CO5 8AR - £500,000

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

21 SHEARS CRESCENT is a midsized extended detached house of 120m², built sometime between 1967 and 1975. It was last sold for £500,000 in September 2024, which was around 2% below the average September 2024 detached price in the Colchester local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

21 SHEARS CRESCENT Sold Prices

Land registry data shows two sales for 21 SHEARS CRESCENT 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 21 SHEARS CRESCENT 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
2024 12 SEP	£500,000	£508,520	2% below HPI
1995 20 DEC	£85,000	£87,628	3% below HPI

21 SHEARS CRESCENT 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 21 SHEARS CRESCENT sales from December 1995 and September 2024 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 December 1995 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 21 SHEARS CRESCENT be worth now?

21 SHEARS CRESCENT might now be worth an estimated £500,071.

This is based on house price inflation of 0%, between September 2024 and December 2024, 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 0% inflationary increase is applied to the most recent sale price for 21 SHEARS CRESCENT of £500,000 on 12th September 2024. For the value to have increased from £500,000 to £500,071 over the nine months to December 2024, the following assumptions must hold true:

• The value of 21 SHEARS CRESCENT has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2024 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 21 SHEARS CRESCENT has not materially changed since September 2024.

How Large is 21 SHEARS CRESCENT?

21 SHEARS CRESCENT is 120m², which includes one extension, according to the EPC inspection conducted in May 2024. 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 21 SHEARS CRESCENT lies on this distribution: 55% of detached houses houses are smaller than 21 SHEARS CRESCENT, and 45% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

21 SHEARS CRESCENT: Plot and Title Map

21 SHEARS CRESCENT sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 21 SHEARS CRESCENT, 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 21 SHEARS CRESCENT). 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 21 SHEARS CRESCENT?

21 SHEARS CRESCENT is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 21 on SHEARS CRESCENT.