2, LAWNS CLOSE, WEST MERSEA, COLCHESTER, CO5 8RN - £352,750

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LAWNS CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £352,750 in May 2018, which was around 18% below the average May 2018 detached price in the Colchester local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was A.

2 LAWNS CLOSE Sold Prices

Land registry data shows three sales for 2 LAWNS CLOSE 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 2 LAWNS 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 MAY	£352,750	£432,704	18% below HPI
2003 28 DEC	£207,000	£240,695	14% below HPI
2002 6 SEP	£139,000	£215,184	35% below HPI

2 LAWNS 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 three 2 LAWNS CLOSE sales between September 2002 and May 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 December 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 LAWNS CLOSE?

2 LAWNS CLOSE is 66m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% 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 2 LAWNS CLOSE lies on this distribution: 4% of detached houses are smaller than 2 LAWNS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

2 LAWNS CLOSE: Plot and Title Map

2 LAWNS CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 2 LAWNS 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 2 LAWNS 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 2 LAWNS CLOSE?

2 LAWNS CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 2 on LAWNS CLOSE.