43, REYMEAD CLOSE, WEST MERSEA, COLCHESTER, CO5 8DL - £173,500

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

43 REYMEAD CLOSE is a small semi-detached house of 91m², built sometime between 1967 and 1975. It was last sold for £173,500 in July 2011, which was around 39% below the average July 2011 detached price in the Colchester local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

43 REYMEAD CLOSE Sold Prices

Land registry data shows three sales for 43 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 43 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 15 JUL	£173,500	£282,927	39% below HPI
2006 10 OCT	£172,500	£287,861	40% below HPI
2003 27 NOV	£139,000	£238,979	42% below HPI

43 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 43 REYMEAD CLOSE sales between November 2003 and July 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 October 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2011 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 43 REYMEAD CLOSE?

43 REYMEAD CLOSE is 91m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% 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 43 REYMEAD CLOSE lies on this distribution: 28% of detached houses are smaller than 43 REYMEAD CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

43 REYMEAD CLOSE: Plot and Title Map

43 REYMEAD CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 43 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 43 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 43 REYMEAD CLOSE?

43 REYMEAD CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 43 on REYMEAD CLOSE.