2A, MILLERS LANE, STANWAY, COLCHESTER, CO3 0PS - £206,000

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

2A MILLERS LANE is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £206,000 in August 2010, which was around 28% below the average August 2010 detached price in the Colchester local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

2A MILLERS LANE Sold Prices

Land registry data shows two sales for 2A MILLERS 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 2A 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
2010 25 AUG	£206,000	£284,644	28% below HPI
2003 10 JUN	£180,000	£233,411	23% below HPI

2A 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 two 2A MILLERS LANE sales from June 2003 and August 2010 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 June 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2010 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2A MILLERS LANE?

2A MILLERS LANE is 83m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 2A MILLERS LANE lies on this distribution: 17% of detached houses are smaller than 2A MILLERS LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Colchester.

2A MILLERS LANE: Plot and Title Map

2A MILLERS LANE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 2A 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 2A 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 2A MILLERS LANE?

2A MILLERS LANE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 2A on MILLERS LANE.