23, BAKERS LANE, COLCHESTER, CO4 5BB - £1,600,000

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

23 BAKERS LANE is a very large extended detached house of 205m², built sometime between 1930 and 1949. It was last sold for £1,600,000 in October 2022, which was around 207% above the average October 2022 detached price in the Colchester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

23 BAKERS LANE Sold Prices

Land registry data shows two sales for 23 BAKERS 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 23 BAKERS 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
2022 21 OCT	£1,600,000	£521,058	207% above HPI
2018 23 APR	£700,000	£434,151	61% above HPI

23 BAKERS 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 23 BAKERS LANE sales from April 2018 and October 2022 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 April 2018 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the October 2022 sale, where it rises to 207% above the HPI. The line then continues to track at 207% above the HPI.

How Large is 23 BAKERS LANE?

23 BAKERS LANE is 205m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 23 BAKERS LANE lies on this distribution: 95% of detached houses are smaller than 23 BAKERS LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 BAKERS LANE: Plot and Title Map

23 BAKERS LANE sits on a plot of roughly 0.459 of an acre, or 1,858m². The below map shows the location of 23 BAKERS 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 23 BAKERS 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 23 BAKERS LANE?

23 BAKERS LANE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 23 on BAKERS LANE.