8, ALAN WAY, COLCHESTER, CO3 4LG - £202,000

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

8 ALAN WAY is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £202,000 in January 2013, which was around 30% below the average January 2013 detached price in the Colchester local authority area. The most recent EPC inspection was October 2010, where the current energy rating was F, and the potential energy rating was D.

8 ALAN WAY Sold Prices

Land registry data shows two sales for 8 ALAN WAY 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 8 ALAN WAY 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
2013 25 JAN	£202,000	£289,818	30% below HPI
2010 5 NOV	£215,000	£288,564	25% below HPI

8 ALAN WAY 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 8 ALAN WAY sales from November 2010 and January 2013 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 November 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 ALAN WAY?

8 ALAN WAY is 79m² according to the EPC inspection conducted in October 2010. 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 8 ALAN WAY lies on this distribution: 12% of detached houses are smaller than 8 ALAN WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Colchester.

8 ALAN WAY: Plot and Title Map

8 ALAN WAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 8 ALAN WAY, 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 8 ALAN WAY). 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 8 ALAN WAY?

8 ALAN WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 8 on ALAN WAY.