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
30 REYMEAD CLOSE is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £166,500 in June 2011, which was around 42% below the average June 2011 detached price in the Colchester local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 30 REYMEAD CLOSE since 1st 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 30 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 |
---|---|---|---|
2011 24 JUN | £166,500 | £285,305 | 42% below HPI |
1998 4 FEB | £67,500 | £103,877 | 35% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 30 REYMEAD CLOSE sales from February 1998 and June 2011 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 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2011 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
30 REYMEAD CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in April 2011. 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 30 REYMEAD CLOSE lies on this distribution: 18% of detached houses are smaller than 30 REYMEAD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in West Mersea.
30 REYMEAD CLOSE sits on a plot of roughly 0.056 of an acre, or 229m². The below map shows the location of 30 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 30 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.
30 REYMEAD CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 30 on REYMEAD CLOSE.