4, LAWNS CLOSE, WEST MERSEA, COLCHESTER, CO5 8RN - £242,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 LAWNS CLOSE is a very small extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £242,500 in August 2013, which was around 17% below the average August 2013 detached price in the Colchester local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

4 LAWNS CLOSE Sold Prices

Land registry data shows two sales for 4 LAWNS CLOSE 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 4 LAWNS CLOSE 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 1 AUG	£242,500	£293,912	17% below HPI
2012 26 SEP	£160,000	£289,522	45% below HPI

4 LAWNS CLOSE 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 4 LAWNS CLOSE sales from September 2012 and August 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 September 2012 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2013 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 4 LAWNS CLOSE be worth now?

4 LAWNS CLOSE might now be worth an estimated £419,628.

This is based on house price inflation of 73%, between August 2013 and December 2024, 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 73% inflationary increase is applied to the most recent sale price for 4 LAWNS CLOSE of £242,500 on 1st August 2013. For the value to have increased from £242,500 to £419,628 over the ten years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 LAWNS CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2013 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 4 LAWNS CLOSE has not materially changed since August 2013.

How Large is 4 LAWNS CLOSE?

4 LAWNS CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Mersea, and where 4 LAWNS CLOSE lies on this distribution: 9% of detached houses houses are smaller than 4 LAWNS CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

4 LAWNS CLOSE: Plot and Title Map

4 LAWNS CLOSE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 4 LAWNS CLOSE, 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 4 LAWNS CLOSE). 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 4 LAWNS CLOSE?

4 LAWNS CLOSE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 4 on LAWNS CLOSE.