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
24 MEADWAY is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £410,000 in January 2023, which was around 9% above the average January 2023 detached price in the Tendring local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 24 MEADWAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. One of the two 24 MEADWAY 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 |
---|---|---|---|
2023 27 JAN | £410,000 | £374,912 | 9% above HPI |
1996 30 AUG | £59,995 | £64,675 | 7% below HPI |
The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 24 MEADWAY sales from August 1996 and January 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 August 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
24 MEADWAY is 88m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Lawford, based on EPC data. The below chart shows the distribution of detached houses by size in Lawford, and where 24 MEADWAY lies on this distribution: 22% of detached houses are smaller than 24 MEADWAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Lawford.
24 MEADWAY sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 24 MEADWAY, 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 24 MEADWAY). 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.
24 MEADWAY is located in LAWFORD, in the CO11 postcode district. The below map shows the position of No. 24 on MEADWAY.