LAUREL LEA, GOLDEN LANE, THORPE-LE-SOKEN, CLACTON-ON-SEA, CO16 0LE - £450,000

LAUREL LEA is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £450,000 in January 2022, which was around 31% above the average January 2022 detached price in the Tendring local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

LAUREL LEA Sold Prices

Land registry data shows three sales for LAUREL LEA since 1^st 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. One of the three LAUREL LEA sales was for above the average price, whilst two 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
2022 31 JAN	£450,000	£343,834	31% above HPI
2017 4 AUG	£250,000	£294,995	15% below HPI
2016 3 OCT	£197,620	£264,262	25% below HPI

LAUREL LEA 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 three LAUREL LEA sales between October 2016 and January 2022 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 August 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is LAUREL LEA?

LAUREL LEA is 69m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Thorpe Green, based on EPC data. The below chart shows the distribution of detached houses by size in Thorpe Green, and where LAUREL LEA lies on this distribution: Less than 1% of detached houses are smaller than LAUREL LEA, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Thorpe Green.

LAUREL LEA: Plot and Title Map

LAUREL LEA sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of LAUREL LEA, 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 LAUREL LEA). 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 LAUREL LEA?

LAUREL LEA is located on GOLDEN LANE in THORPE-LE-SOKEN, in the CO16 postcode district. The below map shows the position of LAUREL LEA on GOLDEN LANE.