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
35 PARK LANE is a very large extended detached house of 234m², built sometime between 1900 and 1929. It was last sold for £840,000 in August 2020, which was around 77% 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.
Land registry data shows five sales for 35 PARK LANE since 1st 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 | £473,328 | 77% above HPI |
2016 29 JUN | £750,000 | £422,386 | 78% above HPI |
2002 4 APR | £138,500 | £196,553 | 30% below HPI |
2000 26 APR | £107,000 | £136,692 | 22% below HPI |
1995 26 APR | £53,500 | £90,532 | 41% below HPI |
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 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the August 2020 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.
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 in Earls Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Earls Colne, and where 35 PARK LANE lies on this distribution: 95% of detached 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 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.
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.