31, WARREN LANE, STANWAY, COLCHESTER, CO3 0LN - £623,000

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

31 WARREN LANE is a very small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £623,000 in August 2019, which was around 41% above the average August 2019 detached price in the Colchester local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was C.

31 WARREN LANE Sold Prices

Land registry data shows two sales for 31 WARREN 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. One of the two 31 WARREN LANE sales was for above the average price, whilst the other 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
2019 9 AUG	£623,000	£440,286	41% above HPI
2016 30 SEP	£250,000	£405,861	38% below HPI

31 WARREN 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 31 WARREN LANE sales from September 2016 and August 2019 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 September 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2019 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 31 WARREN LANE?

31 WARREN LANE is 80m², which includes one extension, according to the EPC inspection conducted in July 2016. 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 31 WARREN LANE lies on this distribution: 14% of detached houses are smaller than 31 WARREN LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Colchester.

31 WARREN LANE: Plot and Title Map

31 WARREN LANE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 31 WARREN 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 31 WARREN 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 31 WARREN LANE?

31 WARREN LANE is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 31 on WARREN LANE.