8, BUXEY CLOSE, WEST MERSEA, COLCHESTER, CO5 8LF - £212,000

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.

8 BUXEY CLOSE is a very small detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £397,759. It was last sold for £212,000 in October 2009, which was around 21% below the average October 2009 detached price in the Colchester local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

8 BUXEY CLOSE Sold Prices

Land registry data shows two sales for 8 BUXEY CLOSE 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 8 BUXEY CLOSE 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
2009 19 OCT	£212,000	£267,688	21% below HPI
2002 3 MAY	£130,000	£188,108	31% below HPI

8 BUXEY CLOSE 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 8 BUXEY CLOSE sales from May 2002 and October 2009 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 May 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2009 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 8 BUXEY CLOSE be worth now?

8 BUXEY CLOSE might now be worth an estimated £397,759.

This is based on house price inflation of 87.6%, between October 2009 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 87.6% inflationary increase is applied to the most recent sale price for 8 BUXEY CLOSE of £212,000 on 19th October 2009. For the value to have increased from £212,000 to £397,759 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 BUXEY CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2009 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BUXEY CLOSE has not materially changed since October 2009.

How Large is 8 BUXEY CLOSE?

8 BUXEY CLOSE is 65m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% 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 8 BUXEY CLOSE lies on this distribution: 3% of detached houses houses are smaller than 8 BUXEY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

8 BUXEY CLOSE: Plot and Title Map

8 BUXEY CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 8 BUXEY CLOSE, 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 8 BUXEY CLOSE). 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 8 BUXEY CLOSE?

8 BUXEY CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 8 on BUXEY CLOSE.