7, KING CHARLES ROAD, WEST MERSEA, COLCHESTER, CO5 8AY - £380,000

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 KING CHARLES ROAD is a small detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £433,079. It was last sold for £380,000 in February 2019, which was around 14% below the average February 2019 detached price in the Colchester local authority area. The most recent EPC inspection was September 2018, where the current energy rating was F, and the potential energy rating was D.

7 KING CHARLES ROAD Sold Prices

Land registry data shows two sales for 7 KING CHARLES 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 KING CHARLES 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
2019 22 FEB	£380,000	£440,686	14% below HPI
2002 29 NOV	£165,000	£224,118	26% below HPI

7 KING CHARLES 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 KING CHARLES ROAD sales from November 2002 and February 2019 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 November 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 KING CHARLES ROAD be worth now?

7 KING CHARLES ROAD might now be worth an estimated £433,079.

This is based on house price inflation of 14%, between February 2019 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 14% inflationary increase is applied to the most recent sale price for 7 KING CHARLES ROAD of £380,000 on 22nd February 2019. For the value to have increased from £380,000 to £433,079 over the six years to February 2025, the following assumptions must hold true:

• The value of 7 KING CHARLES ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The February 2019 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 7 KING CHARLES ROAD has not materially changed since February 2019.

How Large is 7 KING CHARLES ROAD?

7 KING CHARLES ROAD is 91m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 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 7 KING CHARLES ROAD lies on this distribution: 27% of detached houses houses are smaller than 7 KING CHARLES ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

7 KING CHARLES ROAD: Plot and Title Map

7 KING CHARLES ROAD sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 7 KING CHARLES 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 KING CHARLES 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 KING CHARLES ROAD?

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