20, GOINGS LANE, WEST MERSEA, COLCHESTER, CO5 8AL - £160,000

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

20 GOINGS LANE is a small detached house of 85m². It was last sold for £160,000 in November 2013, which was around 47% below the average November 2013 detached price in the Colchester local authority area. The most recent EPC inspection was June 2015, where the current energy rating was A, and the potential energy rating was A.

20 GOINGS LANE Sold Prices

Land registry data shows two sales for 20 GOINGS 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 Colchester local authority area for the corresponding sale date. Both of the two 20 GOINGS 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
2013 8 NOV	£160,000	£304,252	47% below HPI
1999 1 APR	£49,500	£111,386	56% below HPI

20 GOINGS LANE 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 20 GOINGS LANE sales from April 1999 and November 2013 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 1999 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the November 2013 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 20 GOINGS LANE?

20 GOINGS LANE is 85m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% 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 20 GOINGS LANE lies on this distribution: 20% of detached houses are smaller than 20 GOINGS LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

20 GOINGS LANE: Plot and Title Map

20 GOINGS LANE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 20 GOINGS 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 20 GOINGS 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 20 GOINGS LANE?

20 GOINGS LANE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 20 on GOINGS LANE.