35, PARK LANE, EARLS COLNE, COLCHESTER, CO6 2RH - £840,000

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.

35 PARK LANE is a very large extended detached house of 234m², built sometime between 1900 and 1929, which could now be worth an estimated £979,904. It was last sold for £840,000 in August 2020, which was around 70% above the average August 2020 detached price in the Braintree local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

35 PARK LANE Sold Prices

Land registry data shows five sales for 35 PARK LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Most of the five 35 PARK 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
2020 7 AUG	£840,000	£495,071	70% above HPI
2016 29 JUN	£750,000	£441,788	70% above HPI
2002 4 APR	£138,500	£205,582	33% below HPI
2000 26 APR	£107,000	£142,971	25% below HPI
1995 26 APR	£53,500	£94,691	44% below HPI

35 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The five 35 PARK LANE sales between April 1995 and August 2020 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 2016 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the August 2020 sale, which was also at 70% above the HPI.

What might 35 PARK LANE be worth now?

35 PARK LANE might now be worth an estimated £979,904.

This is based on house price inflation of 16.7%, between August 2020 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for 35 PARK LANE of £840,000 on 7th August 2020. For the value to have increased from £840,000 to £979,904 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 35 PARK LANE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The August 2020 sale price of £840,000 represented a fair market value for the property.
• The size, condition, and specification of 35 PARK LANE has not materially changed since August 2020.

How Large is 35 PARK LANE?

35 PARK LANE is 234m², which includes four extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 10% of detached houses houses in Earls Colne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Earls Colne, and where 35 PARK LANE lies on this distribution: 95% of detached houses houses are smaller than 35 PARK LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Earls Colne.

35 PARK LANE: Plot and Title Map

35 PARK LANE sits on a plot of roughly 0.235 of an acre, or 952m². The below map shows the location of 35 PARK 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 35 PARK 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 35 PARK LANE?

35 PARK LANE is located in EARLS COLNE, in the CO6 postcode district. The below map shows the position of No. 35 on PARK LANE.