3, SHIRE LANE, WEST BERGHOLT, COLCHESTER, CO6 3SN - £390,000

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

3 SHIRE LANE is a large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £390,000 in August 2016, which was around 2% below the average August 2016 detached price in the Colchester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

3 SHIRE LANE Sold Prices

Land registry data shows three sales for 3 SHIRE 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. One of the three 3 SHIRE LANE sales was for below the average price, whilst two 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
2016 30 AUG	£390,000	£398,471	2% below HPI
2006 20 OCT	£317,500	£287,861	10% above HPI
1999 14 MAY	£146,000	£113,788	28% above HPI

3 SHIRE 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 3 SHIRE LANE sales between May 1999 and August 2016 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 October 2006 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 3 SHIRE LANE?

3 SHIRE LANE is 137m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in West Bergholt, based on EPC data. The below chart shows the distribution of detached houses by size in West Bergholt, and where 3 SHIRE LANE lies on this distribution: 63% of detached houses are smaller than 3 SHIRE LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in West Bergholt.

3 SHIRE LANE: Plot and Title Map

3 SHIRE LANE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 3 SHIRE 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 3 SHIRE 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 3 SHIRE LANE?

3 SHIRE LANE is located in WEST BERGHOLT, in the CO6 postcode district. The below map shows the position of No. 3 on SHIRE LANE.