72, HIGH STREET, WEST MERSEA, COLCHESTER, CO5 8JE - £363,000

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.

72 HIGH STREET is a midsized extended detached house of 126m², built sometime between 1900 and 1929, which could now be worth an estimated £419,870. It was last sold for £363,000 in July 2018, which was around 16% below the average July 2018 detached price in the Colchester local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

72 HIGH STREET Sold Prices

Land registry data shows four sales for 72 HIGH STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 72 HIGH STREET 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
2018 11 JUL	£363,000	£434,215	16% below HPI
2007 17 AUG	£287,000	£308,475	7% below HPI
2004 30 JAN	£240,000	£246,250	3% below HPI
1998 30 JUL	£88,000	£109,918	20% below HPI

72 HIGH STREET 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 four 72 HIGH STREET sales between July 1998 and July 2018 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 August 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 72 HIGH STREET be worth now?

72 HIGH STREET might now be worth an estimated £419,870.

This is based on house price inflation of 15.7%, between July 2018 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 15.7% inflationary increase is applied to the most recent sale price for 72 HIGH STREET of £363,000 on 11th July 2018. For the value to have increased from £363,000 to £419,870 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 72 HIGH STREET has moved in line with the HPI for detached houses in the Colchester local authority area.
• The July 2018 sale price of £363,000 represented a fair market value for the property.
• The size, condition, and specification of 72 HIGH STREET has not materially changed since July 2018.

How Large is 72 HIGH STREET?

72 HIGH STREET is 126m², which includes one extension, according to the EPC inspection conducted in February 2015. 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 72 HIGH STREET lies on this distribution: 59% of detached houses houses are smaller than 72 HIGH STREET, and 41% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

72 HIGH STREET: Plot and Title Map

72 HIGH STREET sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 72 HIGH STREET, 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 72 HIGH STREET). 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 72 HIGH STREET?

72 HIGH STREET is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 72 on HIGH STREET.