5, COLCHESTER AVENUE, LANCASTER, LA1 4AX - £172,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

5 COLCHESTER AVENUE is a very small semi-detached house of 78m², built sometime between 1950 and 1966. It was last sold for £172,000 in September 2016, which was around 30% below the average September 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

5 COLCHESTER AVENUE Sold Prices

Land registry data shows two sales for 5 COLCHESTER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 5 COLCHESTER AVENUE 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
2016 5 SEP	£172,000	£245,504	30% below HPI
2007 9 MAR	£155,000	£225,335	31% below HPI

5 COLCHESTER AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 5 COLCHESTER AVENUE sales from March 2007 and September 2016 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 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2016 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 COLCHESTER AVENUE?

5 COLCHESTER AVENUE is 78m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 5 COLCHESTER AVENUE lies on this distribution: 9% of detached houses are smaller than 5 COLCHESTER AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

5 COLCHESTER AVENUE: Plot and Title Map

5 COLCHESTER AVENUE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 5 COLCHESTER AVENUE, 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 5 COLCHESTER AVENUE). 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 5 COLCHESTER AVENUE?

5 COLCHESTER AVENUE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 5 on COLCHESTER AVENUE.