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
52 LUCY LANE SOUTH is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £249,995 in January 2006, which was around 9% below the average January 2006 detached price in the Colchester 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.
Land registry data shows two sales for 52 LUCY LANE SOUTH since 1st 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 52 LUCY LANE SOUTH 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 |
---|---|---|---|
2006 6 JAN | £249,995 | £274,085 | 9% below HPI |
1998 18 DEC | £68,500 | £111,745 | 39% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 52 LUCY LANE SOUTH sales from December 1998 and January 2006 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 December 1998 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2006 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
52 LUCY LANE SOUTH is 140m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 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 52 LUCY LANE SOUTH lies on this distribution: 75% of detached houses are smaller than 52 LUCY LANE SOUTH, and 25% of houses are larger. Note that EPC data is not available for all properties in Colchester.
52 LUCY LANE SOUTH sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 52 LUCY LANE SOUTH, 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 52 LUCY LANE SOUTH). 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.
52 LUCY LANE SOUTH is located in STANWAY, in the CO3 postcode district. The below map shows the position of No. 52 on LUCY LANE SOUTH.