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
40 SCHOOL LANE is a very small detached house of 80m², built sometime between 1930 and 1949. It was last sold for £250,000 in June 2012, which was around 24% above the average June 2012 detached price in the Tendring local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 40 SCHOOL LANE 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 40 SCHOOL LANE 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 |
---|---|---|---|
2012 25 JUN | £250,000 | £201,788 | 24% above HPI |
2009 22 JUN | £225,000 | £185,804 | 21% above HPI |
1995 13 OCT | £59,995 | £62,135 | 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 40 SCHOOL LANE sales between October 1995 and June 2012 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 June 2009 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2012 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.
40 SCHOOL LANE is 80m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 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 40 SCHOOL LANE lies on this distribution: 18% of detached houses are smaller than 40 SCHOOL LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Lawford.
40 SCHOOL LANE sits on a plot of roughly 0.160 of an acre, or 648m². The below map shows the location of 40 SCHOOL 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 SCHOOL 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.
40 SCHOOL LANE is located in LAWFORD, in the CO11 postcode district. The below map shows the position of No. 40 on SCHOOL LANE.