1A, GREEN LANE, COLCHESTER, CO4 0JA - £377,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1A GREEN LANE is a small detached house of 98m², built in 2020, which could now be worth an estimated £364,083. It was last sold for £377,500 in April 2023, which was around 28% below the average April 2023 detached price in the Colchester local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was A.

1A GREEN LANE Sold Prices

Land registry data shows two sales for 1A GREEN 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 1A GREEN 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
2023 26 APR	£377,500	£520,750	28% below HPI
2022 20 MAY	£115,000	£498,023	77% below HPI

1A GREEN 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 1A GREEN LANE sales from May 2022 and April 2023 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 2022 sale was for 77% below the HPI. So the extrapolation line tracks at 77% below the HPI over time, until the April 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1A GREEN LANE be worth now?

1A GREEN LANE might now be worth an estimated £364,083.

This is based on house price deflation of 3.6%, between April 2023 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.6% deflationary decrease is applied to the most recent sale price for 1A GREEN LANE of £377,500 on 26th April 2023. For the value to have decreased from £377,500 to £364,083 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 1A GREEN LANE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The April 2023 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 1A GREEN LANE has not materially changed since April 2023.

How Large is 1A GREEN LANE?

1A GREEN LANE is 98m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 1A GREEN LANE lies on this distribution: 35% of detached houses houses are smaller than 1A GREEN LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1A GREEN LANE: Plot and Title Map

1A GREEN LANE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 1A GREEN 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 1A GREEN 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 1A GREEN LANE?

1A GREEN LANE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 1A on GREEN LANE.