11, FORDS LANE, COLCHESTER, CO4 5FS - £475,000

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

11 FORDS LANE is a large detached house of 140m², built sometime between 1991 and 1995. It was last sold for £475,000 in December 2017, which was around 9% above the average December 2017 detached price in the Colchester local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

11 FORDS LANE Sold Prices

Land registry data shows two sales for 11 FORDS 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. One of the two 11 FORDS LANE sales was for above the average price, whilst the other was 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
2017 8 DEC	£475,000	£435,048	9% above HPI
1997 16 MAY	£87,000	£95,181	9% below HPI

11 FORDS 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 11 FORDS LANE sales from May 1997 and December 2017 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 May 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2017 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 11 FORDS LANE?

11 FORDS LANE is 140m² according to the EPC inspection conducted in June 2017. This puts it in the largest 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 11 FORDS LANE lies on this distribution: 75% of detached houses are smaller than 11 FORDS LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Colchester.

11 FORDS LANE: Plot and Title Map

11 FORDS LANE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 11 FORDS 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 11 FORDS 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 11 FORDS LANE?

11 FORDS LANE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 11 on FORDS LANE.