2A, LEXDEN GROVE, COLCHESTER, CO3 4BP - £510,000

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.

2A LEXDEN GROVE is a very large extended detached house of 243m², built sometime before 1900, which could now be worth an estimated £700,498. It was last sold for £510,000 in October 2015, which was around 39% above the average October 2015 detached price in the Colchester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was E.

2A LEXDEN GROVE Sold Prices

Land registry data shows three sales for 2A LEXDEN GROVE 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 2A LEXDEN GROVE 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
2015 29 OCT	£510,000	£365,659	39% above HPI
2010 19 NOV	£565,000	£289,357	95% above HPI
2007 27 APR	£400,000	£293,196	36% above HPI

2A 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 three 2A LEXDEN GROVE sales between April 2007 and October 2015 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 November 2010 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the October 2015 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2A LEXDEN GROVE be worth now?

2A LEXDEN GROVE might now be worth an estimated £700,498.

This is based on house price inflation of 37.4%, between October 2015 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 37.4% inflationary increase is applied to the most recent sale price for 2A LEXDEN GROVE of £510,000 on 29th October 2015. For the value to have increased from £510,000 to £700,498 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 2A LEXDEN GROVE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2015 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 2A LEXDEN GROVE has not materially changed since October 2015.

How Large is 2A LEXDEN GROVE?

2A LEXDEN GROVE is 243m², which includes one extension, according to the EPC inspection conducted in March 2009. 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 2A LEXDEN GROVE lies on this distribution: 98% of detached houses houses are smaller than 2A LEXDEN GROVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2A LEXDEN GROVE: Plot and Title Map

2A LEXDEN GROVE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 2A 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 2A 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 2A LEXDEN GROVE?

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