9, RICHMOND ROAD, WEST MERSEA, COLCHESTER, CO5 8PS - £366,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 RICHMOND ROAD is a large extended detached house of 137m², built sometime between 1991 and 1995, which could now be worth an estimated £536,485. It was last sold for £366,000 in June 2015, which was around 5% above the average June 2015 detached price in the Colchester local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

9 RICHMOND ROAD Sold Prices

Land registry data shows two sales for 9 RICHMOND ROAD 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 RICHMOND ROAD sales were for above 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 30 JUN	£366,000	£346,971	5% above HPI
2012 24 FEB	£290,000	£284,268	2% above HPI

9 RICHMOND ROAD 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 RICHMOND ROAD sales from February 2012 and June 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 February 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2015 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 9 RICHMOND ROAD be worth now?

9 RICHMOND ROAD might now be worth an estimated £536,485.

This is based on house price inflation of 46.6%, between June 2015 and December 2024, 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 46.6% inflationary increase is applied to the most recent sale price for 9 RICHMOND ROAD of £366,000 on 30th June 2015. For the value to have increased from £366,000 to £536,485 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 9 RICHMOND ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2015 sale price of £366,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RICHMOND ROAD has not materially changed since June 2015.

How Large is 9 RICHMOND ROAD?

9 RICHMOND ROAD is 137m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% 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 RICHMOND ROAD lies on this distribution: 67% of detached houses houses are smaller than 9 RICHMOND ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

9 RICHMOND ROAD: Plot and Title Map

9 RICHMOND ROAD sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 9 RICHMOND ROAD, 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 RICHMOND ROAD). 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 RICHMOND ROAD?

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