4, LEECHS LANE, COLCHESTER, CO4 5EP - £340,000

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.

4 LEECHS LANE is a small extended detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £393,802. It was last sold for £340,000 in November 2017, which was around 22% below the average November 2017 detached price in the Colchester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was F, and the potential energy rating was C.

4 LEECHS LANE Sold Prices

Land registry data shows two sales for 4 LEECHS 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. Both of the two 4 LEECHS 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
2017 24 NOV	£340,000	£433,625	22% below HPI
2015 31 MAR	£290,000	£338,913	14% below HPI

4 LEECHS 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 4 LEECHS LANE sales from March 2015 and November 2017 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 March 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 LEECHS LANE be worth now?

4 LEECHS LANE might now be worth an estimated £393,802.

This is based on house price inflation of 15.8%, between November 2017 and February 2025, for 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 15.8% inflationary increase is applied to the most recent sale price for 4 LEECHS LANE of £340,000 on 24th November 2017. For the value to have increased from £340,000 to £393,802 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 LEECHS LANE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2017 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LEECHS LANE has not materially changed since November 2017.

How Large is 4 LEECHS LANE?

4 LEECHS LANE is 94m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 4 LEECHS LANE lies on this distribution: 31% of detached houses houses are smaller than 4 LEECHS LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Colchester.

4 LEECHS LANE: Plot and Title Map

4 LEECHS LANE sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 4 LEECHS 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 4 LEECHS 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 4 LEECHS LANE?

4 LEECHS LANE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 4 on LEECHS LANE.