BULLACE LODGE, WARREN LANE, STANWAY, COLCHESTER, CO3 0LJ - £280,000

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

BULLACE LODGE is a very large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £280,000 in May 2011, which was around 1% below the average May 2011 detached price in the Colchester local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

BULLACE LODGE Sold Prices

Land registry data shows two sales for BULLACE LODGE 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. One of the two BULLACE LODGE sales was for below the average price, whilst the other was roughly equal to 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
2011 24 MAY	£280,000	£283,054	1% below HPI
2007 3 JAN	£295,000	£294,293	Close to HPI

BULLACE LODGE 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 BULLACE LODGE sales from January 2007 and May 2011 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 January 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2011 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is BULLACE LODGE?

BULLACE LODGE is 165m², which includes two extensions, according to the EPC inspection conducted in October 2009. This puts it in the largest 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 BULLACE LODGE lies on this distribution: 87% of detached houses are smaller than BULLACE LODGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Colchester.

BULLACE LODGE: Plot and Title Map

BULLACE LODGE sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of BULLACE LODGE, 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 BULLACE LODGE). 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 BULLACE LODGE?

BULLACE LODGE is located on WARREN LANE in STANWAY, in the CO3 postcode district. The below map shows the position of BULLACE LODGE on WARREN LANE.