51, CHURCH LANE, COLCHESTER, CO3 4AF - £352,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

51 CHURCH LANE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £352,500 in November 2015, which was around 5% below the average November 2015 detached price in the Colchester local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

51 CHURCH LANE Sold Prices

Land registry data shows three sales for 51 CHURCH LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 51 CHURCH 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
2015 16 NOV	£352,500	£370,392	5% below HPI
2008 4 JUL	£250,000	£281,113	11% below HPI
2004 13 FEB	£202,000	£247,816	18% below HPI

51 CHURCH 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 three 51 CHURCH LANE sales between February 2004 and November 2015 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 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2015 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 51 CHURCH LANE?

51 CHURCH LANE is 80m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 51 CHURCH LANE lies on this distribution: 13% of detached houses are smaller than 51 CHURCH LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Colchester.

51 CHURCH LANE: Plot and Title Map

51 CHURCH LANE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 51 CHURCH 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 51 CHURCH 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 51 CHURCH LANE?

51 CHURCH LANE is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 51 on CHURCH LANE.