12, FOUNDRY LANE, COPFORD, COLCHESTER, CO6 1BH - £410,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 FOUNDRY LANE is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £410,500 in September 2022, which was around 20% below the average September 2022 detached price in the Colchester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

12 FOUNDRY LANE Sold Prices

Land registry data shows two sales for 12 FOUNDRY 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. Both of the two 12 FOUNDRY 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
2022 9 SEP	£410,500	£512,793	20% below HPI
2016 28 OCT	£325,000	£410,677	21% below HPI

12 FOUNDRY 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 12 FOUNDRY LANE sales from October 2016 and September 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 October 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 FOUNDRY LANE?

12 FOUNDRY LANE is 84m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 12 FOUNDRY LANE lies on this distribution: 5% of detached houses are smaller than 12 FOUNDRY LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Copford.

12 FOUNDRY LANE: Plot and Title Map

12 FOUNDRY LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 12 FOUNDRY 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 12 FOUNDRY 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 12 FOUNDRY LANE?

12 FOUNDRY LANE is located in COPFORD, in the CO6 postcode district. The below map shows the position of No. 12 on FOUNDRY LANE.