23, EAST ROAD, WEST MERSEA, COLCHESTER, CO5 8EB - £441,250

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.

23 EAST ROAD is a midsized extended detached house of 107m², built sometime between 1930 and 1949, which could now be worth an estimated £477,791. It was last sold for £441,250 in September 2021, which was around 5% below the average September 2021 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.

23 EAST ROAD Sold Prices

Land registry data shows three sales for 23 EAST ROAD 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 23 EAST 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
2021 30 SEP	£441,250	£463,831	5% below HPI
2007 28 FEB	£237,500	£295,306	20% below HPI
2001 15 JUN	£129,000	£159,807	19% below HPI

23 EAST 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 three 23 EAST ROAD sales between June 2001 and September 2021 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 February 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 23 EAST ROAD be worth now?

23 EAST ROAD might now be worth an estimated £477,791.

This is based on house price inflation of 8.3%, between September 2021 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 8.3% inflationary increase is applied to the most recent sale price for 23 EAST ROAD of £441,250 on 30th September 2021. For the value to have increased from £441,250 to £477,791 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 EAST ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2021 sale price of £441,250 represented a fair market value for the property.
• The size, condition, and specification of 23 EAST ROAD has not materially changed since September 2021.

How Large is 23 EAST ROAD?

23 EAST ROAD is 107m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 23 EAST ROAD lies on this distribution: 41% of detached houses houses are smaller than 23 EAST ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

23 EAST ROAD: Plot and Title Map

23 EAST ROAD sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of 23 EAST 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 23 EAST 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 23 EAST ROAD?

23 EAST ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 23 on EAST ROAD.