LENORE, LUCY LANE NORTH, STANWAY, COLCHESTER, CO3 0JQ - £295,000

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

LENORE is a very large extended detached house of 158m², built sometime between 1930 and 1949. It was last sold for £295,000 in November 2006, which was around 2% above the average November 2006 detached price in the Colchester local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

LENORE Sold Prices

Land registry data shows three sales for LENORE 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. Two of the three LENORE sales were for above the average price, whilst one was 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 1 NOV	£295,000	£288,355	2% above HPI
2004 20 MAY	£272,000	£255,311	7% above HPI
1997 27 MAR	£63,500	£92,966	32% below HPI

LENORE 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 LENORE sales between March 1997 and November 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 May 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2006 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is LENORE?

LENORE is 158m², which includes two extensions, according to the EPC inspection conducted in March 2015. 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 LENORE lies on this distribution: 84% of detached houses are smaller than LENORE, and 15% of houses are larger. Note that EPC data is not available for all properties in Colchester.

LENORE: Plot and Title Map

LENORE sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of LENORE, 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 LENORE). 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 LENORE?

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