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
48 BRINKLEY LANE is a small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £258,000 in August 2014, which was around 20% below the average August 2014 detached price in the Colchester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 48 BRINKLEY LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the five 48 BRINKLEY 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 |
---|---|---|---|
2014 1 AUG | £258,000 | £323,948 | 20% below HPI |
2009 31 JUL | £190,000 | £252,592 | 25% below HPI |
2004 20 DEC | £215,000 | £265,516 | 19% below HPI |
2001 17 DEC | £138,000 | £176,343 | 22% below HPI |
1995 15 DEC | £84,000 | £87,387 | 4% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The five 48 BRINKLEY LANE sales between December 1995 and August 2014 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 July 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2014 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
48 BRINKLEY LANE is 86m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 48 BRINKLEY LANE lies on this distribution: 21% of detached houses are smaller than 48 BRINKLEY LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Colchester.
48 BRINKLEY LANE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 48 BRINKLEY 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 48 BRINKLEY 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.
48 BRINKLEY LANE is located in HIGHWOODS, in the CO4 postcode district. The below map shows the position of No. 48 on BRINKLEY LANE.