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
10 GREEN LANE is a small extended detached house of 90m², built sometime between 1900 and 1929. It was last sold for £335,000 in January 2021, which was around 25% below the average January 2021 detached price in the Colchester local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 10 GREEN LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 10 GREEN LANE 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 |
---|---|---|---|
2021 28 JAN | £335,000 | £447,931 | 25% below HPI |
1999 18 AUG | £89,950 | £122,586 | 27% below HPI |
1995 21 NOV | £60,000 | £87,937 | 32% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 10 GREEN LANE sales between November 1995 and January 2021 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 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
10 GREEN LANE is 90m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 10 GREEN LANE lies on this distribution: 26% of detached houses are smaller than 10 GREEN LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Colchester.
10 GREEN LANE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 10 GREEN 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 10 GREEN 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.
10 GREEN LANE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 10 on GREEN LANE.