EARLSMEAD, LUCY LANE NORTH, STANWAY, COLCHESTER, CO3 0JQ - £86,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

EARLSMEAD is a very small detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £383,750. It was last sold for £86,500 in October 1998, which was around 24% below the average October 1998 detached price in the Colchester local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

EARLSMEAD Sold Prices

Land registry data shows three sales for EARLSMEAD 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 EARLSMEAD 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
1998 2 OCT	£86,500	£113,209	24% below HPI
1998 28 JUN	£65,000	£109,691	41% below HPI
1998 27 APR	£53,000	£107,564	51% below HPI

EARLSMEAD 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 EARLSMEAD sales between April 1998 and October 1998 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 June 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 1998 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might EARLSMEAD be worth now?

EARLSMEAD might now be worth an estimated £383,750.

This is based on house price inflation of 343.6%, between October 1998 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 343.6% inflationary increase is applied to the most recent sale price for EARLSMEAD of £86,500 on 2nd October 1998. For the value to have increased from £86,500 to £383,750 over the 27 years and eight months to February 2025, the following assumptions must hold true:

• The value of EARLSMEAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 1998 sale price of £86,500 represented a fair market value for the property.
• The size, condition, and specification of EARLSMEAD has not materially changed since October 1998.

How Large is EARLSMEAD?

EARLSMEAD is 80m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where EARLSMEAD lies on this distribution: 14% of detached houses houses are smaller than EARLSMEAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Colchester.

EARLSMEAD: Plot and Title Map

EARLSMEAD sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of EARLSMEAD, 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 EARLSMEAD). 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 EARLSMEAD?

EARLSMEAD is located on LUCY LANE NORTH in STANWAY, in the CO3 postcode district. The below map shows the position of EARLSMEAD on LUCY LANE NORTH.