11A, MILLERS LANE, STANWAY, COLCHESTER, CO3 0PS - £390,000

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

11A MILLERS LANE is a small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £390,000 in March 2024, which was around 20% below the average March 2024 detached price in the Colchester local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

11A MILLERS LANE Sold Prices

Land registry data shows three sales for 11A MILLERS LANE since 1^st 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 11A MILLERS 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
2024 18 MAR	£390,000	£488,997	20% below HPI
2009 2 APR	£182,000	£228,501	20% below HPI
2007 24 AUG	£230,000	£307,629	25% below HPI

11A MILLERS 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 three 11A MILLERS LANE sales between August 2007 and March 2024 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 April 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2024 sale, which was also at 20% below the HPI.

How Large is 11A MILLERS LANE?

11A MILLERS LANE is 100m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 11A MILLERS LANE lies on this distribution: 37% of detached houses are smaller than 11A MILLERS LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Colchester.

11A MILLERS LANE: Plot and Title Map

11A MILLERS LANE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 11A MILLERS 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 11A MILLERS 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 11A MILLERS LANE?

11A MILLERS LANE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 11A on MILLERS LANE.