9, EMPRESS DRIVE, WEST MERSEA, COLCHESTER, CO5 8BN - £315,000

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.

9 EMPRESS DRIVE is a very small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £395,945. It was last sold for £315,000 in August 2016, which was around 21% below the average August 2016 detached price in the Colchester local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

9 EMPRESS DRIVE Sold Prices

Land registry data shows three sales for 9 EMPRESS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 9 EMPRESS DRIVE 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
2016 2 AUG	£315,000	£399,566	21% below HPI
2006 14 NOV	£214,000	£289,147	26% below HPI
2005 15 JUL	£200,000	£269,597	26% below HPI

9 EMPRESS DRIVE 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 three 9 EMPRESS DRIVE sales between July 2005 and August 2016 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 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 9 EMPRESS DRIVE be worth now?

9 EMPRESS DRIVE might now be worth an estimated £395,945.

This is based on house price inflation of 25.7%, between August 2016 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 25.7% inflationary increase is applied to the most recent sale price for 9 EMPRESS DRIVE of £315,000 on 2nd August 2016. For the value to have increased from £315,000 to £395,945 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 9 EMPRESS DRIVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2016 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 9 EMPRESS DRIVE has not materially changed since August 2016.

How Large is 9 EMPRESS DRIVE?

9 EMPRESS DRIVE is 80m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% 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 9 EMPRESS DRIVE lies on this distribution: 16% of detached houses houses are smaller than 9 EMPRESS DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

9 EMPRESS DRIVE: Plot and Title Map

9 EMPRESS DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 9 EMPRESS DRIVE, 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 9 EMPRESS DRIVE). 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 9 EMPRESS DRIVE?

9 EMPRESS DRIVE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 9 on EMPRESS DRIVE.