2, LEECHS LANE, COLCHESTER, CO4 5EP - £189,500

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 LEECHS LANE is a small extended detached house of 101m², built sometime before 1900. It was last sold for £189,500 in July 2003, which was around 20% below the average July 2003 detached price in the Colchester local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

2 LEECHS LANE Sold Prices

Land registry data shows two sales for 2 LEECHS 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 2 LEECHS 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
2003 31 JUL	£189,500	£236,514	20% below HPI
1999 27 AUG	£80,000	£122,586	35% below HPI

2 LEECHS 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 2 LEECHS LANE sales from August 1999 and July 2003 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 August 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2003 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 LEECHS LANE?

2 LEECHS LANE is 101m², which includes two extensions, according to the EPC inspection conducted in June 2012. 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 2 LEECHS LANE lies on this distribution: 38% of detached houses are smaller than 2 LEECHS LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2 LEECHS LANE: Plot and Title Map

2 LEECHS LANE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 2 LEECHS 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 LEECHS 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 LEECHS LANE?

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