34, LANCASTER APPROACH, COLCHESTER, CO4 9AF - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 LANCASTER APPROACH is a small semi-detached house of 87m², which could now be worth an estimated £342,843. It was last sold for £350,000 in October 2022, which was around 4% above the average October 2022 semi-detached price in the Colchester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

34 LANCASTER APPROACH Sold Prices

Land registry data shows two sales for 34 LANCASTER APPROACH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Colchester local authority area for the corresponding sale date. Both of the two 34 LANCASTER APPROACH 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
2022 17 OCT	£350,000	£338,151	4% above HPI
2017 27 OCT	£299,995	£278,824	8% above HPI

34 LANCASTER APPROACH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Colchester local authority area over time, sourced from the HPI. The two 34 LANCASTER APPROACH sales from October 2017 and October 2022 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 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 34 LANCASTER APPROACH be worth now?

34 LANCASTER APPROACH might now be worth an estimated £342,843.

This is based on house price deflation of 2%, between October 2022 and February 2025, for semi-detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% deflationary decrease is applied to the most recent sale price for 34 LANCASTER APPROACH of £350,000 on 17th October 2022. For the value to have decreased from £350,000 to £342,843 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 34 LANCASTER APPROACH has moved in line with the HPI for semi-detached houses in the Colchester local authority area.
• The October 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 34 LANCASTER APPROACH has not materially changed since October 2022.

How Large is 34 LANCASTER APPROACH?

34 LANCASTER APPROACH is 87m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of semi-detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colchester, and where 34 LANCASTER APPROACH lies on this distribution: 22% of semi-detached houses houses are smaller than 34 LANCASTER APPROACH, and 76% of houses are larger. Note that EPC data is not available for all properties in Colchester.

34 LANCASTER APPROACH: Plot and Title Map

34 LANCASTER APPROACH sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 34 LANCASTER APPROACH, 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 LANCASTER APPROACH). 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 LANCASTER APPROACH?

34 LANCASTER APPROACH is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 34 on LANCASTER APPROACH.