34, COLCHESTER AVENUE, LANCASTER, LA1 4AX - £277,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

34 COLCHESTER AVENUE is a very large extended detached house of 180m², built sometime between 1991 and 1995. It was last sold for £277,000 in May 2013, which was around 27% above the average May 2013 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

34 COLCHESTER AVENUE Sold Prices

Land registry data shows two sales for 34 COLCHESTER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 34 COLCHESTER AVENUE sales 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
2013 20 MAY	£277,000	£218,731	27% above HPI
2000 4 FEB	£130,000	£88,793	46% above HPI

34 COLCHESTER AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 34 COLCHESTER AVENUE sales from February 2000 and May 2013 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 February 2000 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the May 2013 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 34 COLCHESTER AVENUE?

34 COLCHESTER AVENUE is 180m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 20% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 34 COLCHESTER AVENUE lies on this distribution: 89% of detached houses are smaller than 34 COLCHESTER AVENUE, and 11% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

34 COLCHESTER AVENUE: Plot and Title Map

34 COLCHESTER AVENUE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 34 COLCHESTER AVENUE, 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 34 COLCHESTER AVENUE). 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 34 COLCHESTER AVENUE?

34 COLCHESTER AVENUE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 34 on COLCHESTER AVENUE.