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
3 CHESTER GROVE is a very large detached house of 176m². It was last sold for £600,000 in January 2021, which was around 90% above the average January 2021 detached price in the Tendring local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 3 CHESTER GROVE 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. Both of the two 3 CHESTER 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 |
---|---|---|---|
2021 22 JAN | £600,000 | £315,533 | 90% above HPI |
2018 23 MAR | £585,000 | £297,441 | 97% above HPI |
The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 3 CHESTER GROVE sales from March 2018 and January 2021 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 March 2018 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the January 2021 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.
3 CHESTER GROVE is 176m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Lawford, based on EPC data. The below chart shows the distribution of detached houses by size in Lawford, and where 3 CHESTER GROVE lies on this distribution: 85% of detached houses are smaller than 3 CHESTER GROVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Lawford.
3 CHESTER GROVE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 3 CHESTER 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 3 CHESTER 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.
3 CHESTER GROVE is located in LAWFORD, in the CO11 postcode district. The below map shows the position of No. 3 on CHESTER GROVE.