7, LEXDEN GROVE, COLCHESTER, CO3 4BP - £665,000

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

7 LEXDEN GROVE is a very large extended detached house of 295m², built sometime between 1950 and 1966. It was last sold for £665,000 in October 2017, which was around 53% above the average October 2017 detached price in the Colchester local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

7 LEXDEN GROVE Sold Prices

Land registry data shows two sales for 7 LEXDEN GROVE 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 7 LEXDEN GROVE sales were 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
2017 24 OCT	£665,000	£433,691	53% above HPI
1998 30 JAN	£125,000	£102,807	22% above HPI

7 LEXDEN GROVE 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 7 LEXDEN GROVE sales from January 1998 and October 2017 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 January 1998 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2017 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 7 LEXDEN GROVE?

7 LEXDEN GROVE is 295m², which includes three extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 7 LEXDEN GROVE lies on this distribution: 99% of detached houses are smaller than 7 LEXDEN GROVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Colchester.

7 LEXDEN GROVE: Plot and Title Map

7 LEXDEN GROVE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 7 LEXDEN GROVE, 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 7 LEXDEN GROVE). 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 7 LEXDEN GROVE?

7 LEXDEN GROVE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 7 on LEXDEN GROVE.