2, MEADOW LANE, WEST MERSEA, COLCHESTER, CO5 8AB - £495,000

2 MEADOW LANE is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £495,000 in September 2016, which was around 22% above the average September 2016 detached price in the Colchester local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was D.

2 MEADOW LANE Sold Prices

Land registry data shows two sales for 2 MEADOW 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 Colchester local authority area for the corresponding sale date. Both of the two 2 MEADOW LANE 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
2016 2 SEP	£495,000	£405,861	22% above HPI
2010 17 FEB	£345,000	£277,152	24% above HPI

2 MEADOW LANE 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 MEADOW LANE sales from February 2010 and September 2016 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 February 2010 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 2 MEADOW LANE?

2 MEADOW LANE is 115m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 2 MEADOW LANE lies on this distribution: 51% of detached houses are smaller than 2 MEADOW LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

2 MEADOW LANE: Plot and Title Map

2 MEADOW LANE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 2 MEADOW 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 2 MEADOW 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 2 MEADOW LANE?

2 MEADOW LANE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 2 on MEADOW LANE.