7, MERLIN END, COLCHESTER, CO4 3FW - £417,500

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 MERLIN END is a very large extended detached house of 195m², built sometime between 1983 and 1990, which could now be worth an estimated £477,272. It was last sold for £417,500 in May 2021, which was around 5% below the average May 2021 detached price in the Colchester local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

7 MERLIN END Sold Prices

Land registry data shows two sales for 7 MERLIN END 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. One of the two 7 MERLIN END sales was for below the average price, whilst the other was 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
2021 12 MAY	£417,500	£439,343	5% below HPI
2007 30 MAR	£318,000	£293,732	8% above HPI

7 MERLIN END 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 MERLIN END sales from March 2007 and May 2021 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 March 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 7 MERLIN END be worth now?

7 MERLIN END might now be worth an estimated £477,272.

This is based on house price inflation of 14.3%, between May 2021 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 14.3% inflationary increase is applied to the most recent sale price for 7 MERLIN END of £417,500 on 12th May 2021. For the value to have increased from £417,500 to £477,272 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 7 MERLIN END has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2021 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MERLIN END has not materially changed since May 2021.

How Large is 7 MERLIN END?

7 MERLIN END is 195m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 7 MERLIN END lies on this distribution: 94% of detached houses houses are smaller than 7 MERLIN END, and 6% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 MERLIN END: Plot and Title Map

7 MERLIN END sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 7 MERLIN END, 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 MERLIN END). 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 MERLIN END?

7 MERLIN END is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 7 on MERLIN END.