6, THE COVERTS, WEST MERSEA, COLCHESTER, CO5 8AW - £515,000

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.

6 THE COVERTS is a large detached house of 142m², built sometime between 1983 and 1990, which could now be worth an estimated £635,553. It was last sold for £515,000 in September 2016, which was around 27% above the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

6 THE COVERTS Sold Prices

Land registry data shows two sales for 6 THE COVERTS 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 6 THE COVERTS sales were for above 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
2016 2 SEP	£515,000	£406,976	27% above HPI
2005 14 JUL	£340,000	£269,597	26% above HPI

6 THE COVERTS 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 6 THE COVERTS sales from July 2005 and September 2016 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 July 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2016 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 6 THE COVERTS be worth now?

6 THE COVERTS might now be worth an estimated £635,553.

This is based on house price inflation of 23.4%, between September 2016 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 23.4% inflationary increase is applied to the most recent sale price for 6 THE COVERTS of £515,000 on 2nd September 2016. For the value to have increased from £515,000 to £635,553 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 6 THE COVERTS has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2016 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE COVERTS has not materially changed since September 2016.

How Large is 6 THE COVERTS?

6 THE COVERTS is 142m² according to the EPC inspection conducted in March 2016. This puts it in the largest 30% 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 6 THE COVERTS lies on this distribution: 70% of detached houses houses are smaller than 6 THE COVERTS, and 30% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

6 THE COVERTS: Plot and Title Map

6 THE COVERTS sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 6 THE COVERTS, 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 6 THE COVERTS). 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 6 THE COVERTS?

6 THE COVERTS is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 6 on THE COVERTS.