8, RUSHMERE CLOSE, WEST MERSEA, COLCHESTER, CO5 8QQ - £205,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 RUSHMERE CLOSE is a small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £205,000 in December 2015, which was around 45% below the average December 2015 detached price in the Colchester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

8 RUSHMERE CLOSE Sold Prices

Land registry data shows two sales for 8 RUSHMERE 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 RUSHMERE 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
2015 21 DEC	£205,000	£371,789	45% below HPI
2000 24 JUL	£125,000	£145,428	14% below HPI

8 RUSHMERE 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 RUSHMERE CLOSE sales from July 2000 and December 2015 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 July 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2015 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 8 RUSHMERE CLOSE?

8 RUSHMERE CLOSE is 85m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 8 RUSHMERE CLOSE lies on this distribution: 20% of detached houses are smaller than 8 RUSHMERE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

8 RUSHMERE CLOSE: Plot and Title Map

8 RUSHMERE CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 8 RUSHMERE 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 RUSHMERE 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 RUSHMERE CLOSE?

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