9, GUNFLEET CLOSE, WEST MERSEA, COLCHESTER, CO5 8LE - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 GUNFLEET CLOSE is a small extended detached house of 103m², built sometime between 1976 and 1982. It was last sold for £360,000 in January 2018, which was around 17% below the average January 2018 detached price in the Colchester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

9 GUNFLEET CLOSE Sold Prices

Land registry data shows two sales for 9 GUNFLEET 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 9 GUNFLEET 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
2018 25 JAN	£360,000	£432,750	17% below HPI
2009 23 JUL	£249,500	£252,592	1% below HPI

9 GUNFLEET 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 9 GUNFLEET CLOSE sales from July 2009 and January 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 July 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 9 GUNFLEET CLOSE?

9 GUNFLEET CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% 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 9 GUNFLEET CLOSE lies on this distribution: 37% of detached houses are smaller than 9 GUNFLEET CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

9 GUNFLEET CLOSE: Plot and Title Map

9 GUNFLEET CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 9 GUNFLEET 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 9 GUNFLEET 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 9 GUNFLEET CLOSE?

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