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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 BAKERS LANE is a very large extended detached house of 205m², built sometime between 1930 and 1949, which could now be worth an estimated £1,537,998. It was last sold for £1,600,000 in October 2022, which was around 206% 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	£522,489	206% above HPI
2018 23 APR	£700,000	£435,344	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 206% above the HPI. The line then continues to track at 206% above the HPI.

What might 23 BAKERS LANE be worth now?

23 BAKERS LANE might now be worth an estimated £1,537,998.

This is based on house price deflation of 3.9%, between October 2022 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.9% deflationary decrease is applied to the most recent sale price for 23 BAKERS LANE of £1,600,000 on 21st October 2022. For the value to have decreased from £1,600,000 to £1,537,998 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 BAKERS LANE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2022 sale price of £1,600,000 represented a fair market value for the property.
• The size, condition, and specification of 23 BAKERS LANE has not materially changed since October 2022.

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 houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 23 BAKERS LANE lies on this distribution: 95% of detached houses 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.