2, CHASE LANE, HARWICH, CO12 4NB - £99,950

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

2 CHASE LANE is a very small extended detached house of 71m², built sometime between 1900 and 1929. It was last sold for £99,950 in January 2003, which was around 40% below the average January 2003 detached price in the Tendring local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

2 CHASE LANE Sold Prices

Land registry data shows two sales for 2 CHASE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two 2 CHASE LANE 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
2003 16 JAN	£99,950	£167,856	40% below HPI
2002 16 MAY	£62,500	£139,050	55% below HPI

2 CHASE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 2 CHASE LANE sales from May 2002 and January 2003 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 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2003 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 CHASE LANE?

2 CHASE LANE is 71m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses in Harwich, based on EPC data. The below chart shows the distribution of detached houses by size in Harwich, and where 2 CHASE LANE lies on this distribution: 16% of detached houses are smaller than 2 CHASE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Harwich.

2 CHASE LANE: Plot and Title Map

2 CHASE LANE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 2 CHASE LANE, 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 2 CHASE LANE). 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 2 CHASE LANE?

2 CHASE LANE is located in HARWICH, in the CO12 postcode district. The below map shows the position of No. 2 on CHASE LANE.