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
34 MUNNINGS WAY is a large extended detached house of 139m², built sometime between 1991 and 1995. It was last sold for £420,000 in February 2023, which was around 11% above the average February 2023 detached price in the Tendring local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 34 MUNNINGS WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Two of the three 34 MUNNINGS WAY sales were for above the average price, whilst one 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 FEB | £420,000 | £377,602 | 11% above HPI |
2019 16 AUG | £348,000 | £296,323 | 17% above HPI |
1997 31 OCT | £68,000 | £70,237 | 3% below HPI |
The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The three 34 MUNNINGS WAY sales between October 1997 and February 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 2019 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2023 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.
34 MUNNINGS WAY is 139m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 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 34 MUNNINGS WAY lies on this distribution: 71% of detached houses are smaller than 34 MUNNINGS WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Lawford.
34 MUNNINGS WAY sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 34 MUNNINGS WAY, 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 34 MUNNINGS WAY). 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.
34 MUNNINGS WAY is located in LAWFORD, in the CO11 postcode district. The below map shows the position of No. 34 on MUNNINGS WAY.