2, GRAVEL HILL WAY, HARWICH, CO12 4XN - £295,000

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

2 GRAVEL HILL WAY is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £295,000 in May 2023, which was around 18% below the average May 2023 detached price in the Tendring local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

2 GRAVEL HILL WAY Sold Prices

Land registry data shows three sales for 2 GRAVEL HILL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the three 2 GRAVEL HILL WAY 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
2023 19 MAY	£295,000	£357,761	18% below HPI
2010 23 APR	£150,000	£203,510	26% below HPI
2002 7 OCT	£132,995	£154,939	14% below HPI

2 GRAVEL HILL WAY 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 three 2 GRAVEL HILL WAY sales between October 2002 and May 2023 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 April 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 GRAVEL HILL WAY?

2 GRAVEL HILL WAY is 58m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% 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 GRAVEL HILL WAY lies on this distribution: 4% of detached houses are smaller than 2 GRAVEL HILL WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Harwich.

2 GRAVEL HILL WAY: Plot and Title Map

2 GRAVEL HILL WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 2 GRAVEL HILL WAY, 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 GRAVEL HILL WAY). 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 GRAVEL HILL WAY?

2 GRAVEL HILL WAY is located in HARWICH, in the CO12 postcode district. The below map shows the position of No. 2 on GRAVEL HILL WAY.