7, BROOMHILLS ROAD, WEST MERSEA, COLCHESTER, CO5 8AP - £340,000

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.

7 BROOMHILLS ROAD is a midsized extended detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £392,663. It was last sold for £340,000 in October 2017, which was around 22% below the average October 2017 detached price in the Colchester local authority area. The most recent EPC inspection was June 2017, where the current energy rating was F, and the potential energy rating was B.

7 BROOMHILLS ROAD Sold Prices

Land registry data shows two sales for 7 BROOMHILLS 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 7 BROOMHILLS 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
2017 30 OCT	£340,000	£434,882	22% below HPI
2014 15 SEP	£300,000	£328,074	9% below HPI

7 BROOMHILLS 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 7 BROOMHILLS ROAD sales from September 2014 and October 2017 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 September 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 BROOMHILLS ROAD be worth now?

7 BROOMHILLS ROAD might now be worth an estimated £392,663.

This is based on house price inflation of 15.5%, between October 2017 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 15.5% inflationary increase is applied to the most recent sale price for 7 BROOMHILLS ROAD of £340,000 on 30th October 2017. For the value to have increased from £340,000 to £392,663 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 BROOMHILLS ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2017 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BROOMHILLS ROAD has not materially changed since October 2017.

How Large is 7 BROOMHILLS ROAD?

7 BROOMHILLS ROAD is 124m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% 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 7 BROOMHILLS ROAD lies on this distribution: 57% of detached houses houses are smaller than 7 BROOMHILLS ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

7 BROOMHILLS ROAD: Plot and Title Map

7 BROOMHILLS ROAD sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 7 BROOMHILLS 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 7 BROOMHILLS 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 7 BROOMHILLS ROAD?

7 BROOMHILLS ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 7 on BROOMHILLS ROAD.