THE WILLOWS, NORTH LANE, MARKS TEY, COLCHESTER, CO6 1EG - £484,500

THE WILLOWS is a very large extended detached house of 245m², built sometime between 1996 and 2002. It was last sold for £484,500 in April 2005, which was around 82% above the average April 2005 detached price in the Colchester local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was D.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS 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 THE WILLOWS 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
2005 22 APR	£484,500	£265,510	82% above HPI
2000 9 JUN	£250,000	£143,838	74% above HPI

THE WILLOWS 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 THE WILLOWS sales from June 2000 and April 2005 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 2000 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the April 2005 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 245m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 10% of detached houses in Copford, based on EPC data. The below chart shows the distribution of detached houses by size in Copford, and where THE WILLOWS lies on this distribution: 92% of detached houses are smaller than THE WILLOWS, and 8% of houses are larger. Note that EPC data is not available for all properties in Copford.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.192 of an acre, or 775m². The below map shows the location of THE WILLOWS, 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 THE WILLOWS). 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 THE WILLOWS?

THE WILLOWS is located on NORTH LANE in MARKS TEY, in the CO6 postcode district. The below map shows the position of THE WILLOWS on NORTH LANE.