15, ALAN WAY, COLCHESTER, CO3 4LG - £382,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 ALAN WAY is a small extended semi-detached house of 97m², built sometime between 1950 and 1966. It was last sold for £382,500 in October 2021, which was around 18% below the average October 2021 detached price in the Colchester local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

15 ALAN WAY Sold Prices

Land registry data shows three sales for 15 ALAN WAY 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 15 ALAN WAY 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 15 OCT	£382,500	£469,018	18% below HPI
2019 8 NOV	£310,000	£429,099	28% below HPI
1997 26 SEP	£63,995	£100,032	36% below HPI

15 ALAN WAY 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 15 ALAN WAY sales between September 1997 and October 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 November 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 15 ALAN WAY?

15 ALAN WAY is 97m², which includes four extensions, according to the EPC inspection conducted in February 2017. 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 15 ALAN WAY lies on this distribution: 34% of detached houses are smaller than 15 ALAN WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Colchester.

15 ALAN WAY: Plot and Title Map

15 ALAN WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 15 ALAN WAY, 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 15 ALAN WAY). 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 15 ALAN WAY?

15 ALAN WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 15 on ALAN WAY.