2, LAMBETH ROAD, COLCHESTER, CO2 7FG - £220,000

2 LAMBETH ROAD is a very small detached house of 76m², built sometime between 2007 and 2011. It was last sold for £220,000 in June 2014, which was around 30% below the average June 2014 detached price in the Colchester local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

2 LAMBETH ROAD Sold Prices

Land registry data shows two sales for 2 LAMBETH ROAD 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 2 LAMBETH ROAD 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
2014 20 JUN	£220,000	£316,435	30% below HPI
2013 28 MAR	£189,995	£289,443	34% below HPI

2 LAMBETH ROAD 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 2 LAMBETH ROAD sales from March 2013 and June 2014 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 March 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 LAMBETH ROAD?

2 LAMBETH ROAD is 76m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2 LAMBETH ROAD lies on this distribution: 10% of detached houses are smaller than 2 LAMBETH ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 LAMBETH ROAD: Plot and Title Map

2 LAMBETH ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 LAMBETH ROAD, 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 2 LAMBETH ROAD). 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 2 LAMBETH ROAD?

2 LAMBETH ROAD is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 2 on LAMBETH ROAD.