22, COLCHESTER AVENUE, LANCASTER, LA1 4AX - £227,500

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

22 COLCHESTER AVENUE is a large detached house of 140m², built sometime between 1983 and 1990. It was last sold for £227,500 in May 2014, which was about the average May 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

22 COLCHESTER AVENUE Sold Prices

Land registry data shows two sales for 22 COLCHESTER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. One of the two 22 COLCHESTER AVENUE sales was roughly equal to the average price, whilst the other was 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
2014 19 MAY	£227,500	£226,941	Close to HPI
2003 30 MAY	£185,000	£142,286	30% above HPI

22 COLCHESTER AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 22 COLCHESTER AVENUE sales from May 2003 and May 2014 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 2003 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 22 COLCHESTER AVENUE?

22 COLCHESTER AVENUE is 140m² according to the EPC inspection conducted in January 2013. This puts it in the largest 30% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 22 COLCHESTER AVENUE lies on this distribution: 71% of detached houses are smaller than 22 COLCHESTER AVENUE, and 29% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

22 COLCHESTER AVENUE: Plot and Title Map

22 COLCHESTER AVENUE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 22 COLCHESTER AVENUE, 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 22 COLCHESTER AVENUE). 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 22 COLCHESTER AVENUE?

22 COLCHESTER AVENUE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 22 on COLCHESTER AVENUE.