40, MAYES LANE, RAMSEY, HARWICH, CO12 5EJ - £271,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 MAYES LANE is a small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £271,000 in December 2023, which was around 24% below the average December 2023 detached price in the Tendring local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

40 MAYES LANE Sold Prices

Land registry data shows two sales for 40 MAYES 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. One of the two 40 MAYES LANE sales was for below the average price, whilst the other was 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
2023 15 DEC	£271,000	£355,391	24% below HPI
1998 9 OCT	£83,000	£78,060	6% above HPI

40 MAYES 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 MAYES LANE sales from October 1998 and December 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 October 1998 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 MAYES LANE?

40 MAYES LANE is 87m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% of detached houses in Harwich, based on EPC data. The below chart shows the distribution of detached houses by size in Harwich, and where 40 MAYES LANE lies on this distribution: 35% of detached houses are smaller than 40 MAYES LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Harwich.

40 MAYES LANE: Plot and Title Map

40 MAYES LANE sits on a plot of roughly 0.213 of an acre, or 863m². The below map shows the location of 40 MAYES 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 MAYES 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 MAYES LANE?

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