45, YORICK ROAD, WEST MERSEA, COLCHESTER, CO5 8AJ - £248,000

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

45 YORICK ROAD is a very small detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £375,747. It was last sold for £248,000 in February 2015, which was around 26% below the average February 2015 detached price in the Colchester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was F, and the potential energy rating was D.

45 YORICK ROAD Sold Prices

Land registry data shows two sales for 45 YORICK ROAD 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 45 YORICK 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
2015 16 FEB	£248,000	£335,680	26% below HPI
1996 7 JUN	£57,500	£90,601	37% below HPI

45 YORICK 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 two 45 YORICK ROAD sales from June 1996 and February 2015 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 June 1996 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 45 YORICK ROAD be worth now?

45 YORICK ROAD might now be worth an estimated £375,747.

This is based on house price inflation of 51.5%, between February 2015 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 51.5% inflationary increase is applied to the most recent sale price for 45 YORICK ROAD of £248,000 on 16th February 2015. For the value to have increased from £248,000 to £375,747 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 45 YORICK ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2015 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 45 YORICK ROAD has not materially changed since February 2015.

How Large is 45 YORICK ROAD?

45 YORICK ROAD is 84m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% 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 45 YORICK ROAD lies on this distribution: 19% of detached houses houses are smaller than 45 YORICK ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

45 YORICK ROAD: Plot and Title Map

45 YORICK ROAD sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 45 YORICK 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 45 YORICK 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 45 YORICK ROAD?

45 YORICK ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 45 on YORICK ROAD.