2, LEXDEN COURT, COLCHESTER, CO3 3QP - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LEXDEN COURT is a small detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £669,970. It was last sold for £500,000 in March 2016, which was around 33% above the average March 2016 detached price in the Colchester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

2 LEXDEN COURT Sold Prices

Land registry data shows four sales for 2 LEXDEN COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Most of the four 2 LEXDEN COURT 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
2016 1 MAR	£500,000	£374,824	33% above HPI
2007 22 AUG	£360,000	£308,475	17% above HPI
2000 20 SEP	£226,000	£149,483	51% above HPI
1999 5 MAR	£40,000	£114,212	65% below HPI

2 LEXDEN COURT 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 four 2 LEXDEN COURT sales between March 1999 and March 2016 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 August 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2016 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 2 LEXDEN COURT be worth now?

2 LEXDEN COURT might now be worth an estimated £669,970.

This is based on house price inflation of 34%, between March 2016 and February 2025, 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 34% inflationary increase is applied to the most recent sale price for 2 LEXDEN COURT of £500,000 on 1st March 2016. For the value to have increased from £500,000 to £669,970 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 2 LEXDEN COURT has moved in line with the HPI for detached houses in the Colchester local authority area.
• The March 2016 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEXDEN COURT has not materially changed since March 2016.

How Large is 2 LEXDEN COURT?

2 LEXDEN COURT is 96m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 2 LEXDEN COURT lies on this distribution: 33% of detached houses houses are smaller than 2 LEXDEN COURT, and 66% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 LEXDEN COURT: Plot and Title Map

2 LEXDEN COURT sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 2 LEXDEN COURT, 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 LEXDEN COURT). 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 LEXDEN COURT?

2 LEXDEN COURT is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 2 on LEXDEN COURT.