23, GREEN LANE, COLCHESTER, CO4 0JA - £525,000

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 GREEN LANE is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £525,000 in August 2022, which was around 3% above the average August 2022 detached price in the Colchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

23 GREEN LANE Sold Prices

Land registry data shows three sales for 23 GREEN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Two of the three 23 GREEN LANE sales were for above the average price, whilst one was 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
2022 31 AUG	£525,000	£511,451	3% above HPI
2010 28 MAY	£295,000	£284,031	4% above HPI
2001 7 MAY	£150,000	£156,204	4% below HPI

23 GREEN 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 three 23 GREEN LANE sales between May 2001 and August 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 May 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 23 GREEN LANE?

23 GREEN LANE is 97m² according to the EPC inspection conducted in March 2022. 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 23 GREEN LANE lies on this distribution: 34% of detached houses are smaller than 23 GREEN LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Colchester.

23 GREEN LANE: Plot and Title Map

23 GREEN LANE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 23 GREEN 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 GREEN 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 GREEN LANE?

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