2, LEXDEN GROVE, COLCHESTER, CO3 4BP - £575,000

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 GROVE is a very large extended detached house of 181m², built sometime between 1967 and 1975, which could now be worth an estimated £630,461. It was last sold for £575,000 in December 2020, which was around 26% above the average December 2020 detached price in the Colchester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

2 LEXDEN GROVE Sold Prices

Land registry data shows two sales for 2 LEXDEN GROVE 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. One of the two 2 LEXDEN GROVE sales was for above the average price, whilst the other was 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
2020 17 DEC	£575,000	£458,060	26% above HPI
2002 27 JUN	£130,150	£190,990	32% below HPI

2 LEXDEN GROVE 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 2 LEXDEN GROVE sales from June 2002 and December 2020 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 June 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 LEXDEN GROVE be worth now?

2 LEXDEN GROVE might now be worth an estimated £630,461.

This is based on house price inflation of 9.6%, between December 2020 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 9.6% inflationary increase is applied to the most recent sale price for 2 LEXDEN GROVE of £575,000 on 17th December 2020. For the value to have increased from £575,000 to £630,461 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 LEXDEN GROVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The December 2020 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEXDEN GROVE has not materially changed since December 2020.

How Large is 2 LEXDEN GROVE?

2 LEXDEN GROVE is 181m², which includes three extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 10% 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 GROVE lies on this distribution: 92% of detached houses houses are smaller than 2 LEXDEN GROVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 LEXDEN GROVE: Plot and Title Map

2 LEXDEN GROVE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 2 LEXDEN GROVE, 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 GROVE). 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 GROVE?

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