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

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

1A GREEN LANE is a small detached house of 98m², built in 2020. It was last sold for £377,500 in April 2023, which was around 27% 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	£519,323	27% below HPI
2022 20 MAY	£115,000	£496,658	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 27% below the HPI. The line then continues to track at 27% below the HPI.

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 in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 1A GREEN LANE lies on this distribution: 35% of detached 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.