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
17 BAKERS LANE is a very large extended detached house of 156m², built sometime between 1930 and 1949. It was last sold for £550,000 in January 2015, which was around 65% above the average January 2015 detached price in the Colchester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 17 BAKERS LANE since 1st 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 17 BAKERS 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 |
---|---|---|---|
2015 5 JAN | £550,000 | £333,004 | 65% above HPI |
2012 29 MAY | £250,000 | £281,618 | 11% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 17 BAKERS LANE sales from May 2012 and January 2015 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 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2015 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.
17 BAKERS LANE is 156m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 17 BAKERS LANE lies on this distribution: 83% of detached houses are smaller than 17 BAKERS LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Colchester.
17 BAKERS LANE sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of 17 BAKERS 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 17 BAKERS 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.
17 BAKERS LANE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 17 on BAKERS LANE.