2, ERNEST FANCY LANE, COLCHESTER, CO4 9AN - £350,000

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

2 ERNEST FANCY LANE is a small detached house of 89m². It was last sold for £350,000 in June 2021, which was around 10% above the average June 2021 detached price in the Tendring local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

2 ERNEST FANCY LANE Sold Prices

Land registry data shows two sales for 2 ERNEST FANCY 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 Tendring local authority area for the corresponding sale date. Both of the two 2 ERNEST FANCY LANE sales were for above 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 28 JUN	£350,000	£317,767	10% above HPI
2016 25 OCT	£294,995	£264,262	12% above HPI

2 ERNEST FANCY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 2 ERNEST FANCY LANE sales from October 2016 and June 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 October 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 ERNEST FANCY LANE?

2 ERNEST FANCY LANE is 89m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2 ERNEST FANCY LANE lies on this distribution: 25% of detached houses are smaller than 2 ERNEST FANCY LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 ERNEST FANCY LANE: Plot and Title Map

2 ERNEST FANCY LANE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 2 ERNEST FANCY 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 2 ERNEST FANCY 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 2 ERNEST FANCY LANE?

2 ERNEST FANCY LANE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 2 on ERNEST FANCY LANE.