24, MILLERS LANE, STANWAY, COLCHESTER, CO3 0PS - £440,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

24 MILLERS LANE is a large extended semi-detached house of 132m², built sometime between 1967 and 1975. It was last sold for £440,000 in October 2023, which was around 11% below the average October 2023 detached price in the Colchester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

24 MILLERS LANE Sold Prices

Land registry data shows three sales for 24 MILLERS 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. All of the three 24 MILLERS 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
2023 6 OCT	£440,000	£493,868	11% below HPI
2004 11 AUG	£160,000	£261,089	39% below HPI
1995 21 DEC	£44,000	£87,387	50% below HPI

24 MILLERS 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 24 MILLERS LANE sales between December 1995 and October 2023 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 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 24 MILLERS LANE?

24 MILLERS LANE is 132m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 24 MILLERS LANE lies on this distribution: 70% of detached houses are smaller than 24 MILLERS LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Colchester.

24 MILLERS LANE: Plot and Title Map

24 MILLERS LANE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 24 MILLERS 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 24 MILLERS 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 24 MILLERS LANE?

24 MILLERS LANE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 24 on MILLERS LANE.