26, REYMEAD CLOSE, WEST MERSEA, COLCHESTER, CO5 8DN - £325,000

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

26 REYMEAD CLOSE is a very small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £325,000 in January 2022, which was around 33% below the average January 2022 detached price in the Colchester local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

26 REYMEAD CLOSE Sold Prices

Land registry data shows three sales for 26 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 26 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
2022 18 JAN	£325,000	£486,631	33% below HPI
2011 18 FEB	£195,000	£282,105	31% below HPI
2007 13 APR	£175,000	£292,392	40% below HPI

26 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 26 REYMEAD CLOSE sales between April 2007 and January 2022 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 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 26 REYMEAD CLOSE?

26 REYMEAD CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% 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 26 REYMEAD CLOSE lies on this distribution: 17% of detached houses are smaller than 26 REYMEAD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

26 REYMEAD CLOSE: Plot and Title Map

26 REYMEAD CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 26 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 26 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 26 REYMEAD CLOSE?

26 REYMEAD CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 26 on REYMEAD CLOSE.