40, CHASE LANE, HARWICH, CO12 4NB - £195,000

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.

40 CHASE LANE is a very small detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £240,566. It was last sold for £195,000 in May 2018, which was around 36% below the average May 2018 detached price in the Tendring local authority area. The most recent EPC inspection was July 2009, where the current energy rating was F, and the potential energy rating was D.

40 CHASE LANE Sold Prices

Land registry data shows two sales for 40 CHASE LANE since 1^st 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 40 CHASE LANE 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
2018 11 MAY	£195,000	£306,882	36% below HPI
2009 19 NOV	£140,000	£209,278	33% below HPI

40 CHASE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 40 CHASE LANE sales from November 2009 and May 2018 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 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 40 CHASE LANE be worth now?

40 CHASE LANE might now be worth an estimated £240,566.

This is based on house price inflation of 23.4%, between May 2018 and February 2025, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for 40 CHASE LANE of £195,000 on 11th May 2018. For the value to have increased from £195,000 to £240,566 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 40 CHASE LANE has moved in line with the HPI for detached houses in the Tendring local authority area.
• The May 2018 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CHASE LANE has not materially changed since May 2018.

How Large is 40 CHASE LANE?

40 CHASE LANE is 74m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses houses in Harwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harwich, and where 40 CHASE LANE lies on this distribution: 18% of detached houses houses are smaller than 40 CHASE LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Harwich.

40 CHASE LANE: Plot and Title Map

40 CHASE LANE sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 40 CHASE LANE, 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 40 CHASE LANE). 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 40 CHASE LANE?

40 CHASE LANE is located in HARWICH, in the CO12 postcode district. The below map shows the position of No. 40 on CHASE LANE.