TEESDALE, LEECHS LANE, COLCHESTER, CO4 5EP - £485,000

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

TEESDALE is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £485,000 in July 2019, which was around 11% above the average July 2019 detached price in the Colchester local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

TEESDALE Sold Prices

Land registry data shows three sales for TEESDALE 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 TEESDALE 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
2019 31 JUL	£485,000	£436,896	11% above HPI
2015 21 JUL	£395,000	£349,277	13% above HPI
2015 16 JAN	£235,000	£333,004	29% below HPI

TEESDALE 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 TEESDALE sales between January 2015 and July 2019 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 July 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2019 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is TEESDALE?

TEESDALE is 117m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where TEESDALE lies on this distribution: 56% of detached houses are smaller than TEESDALE, and 43% of houses are larger. Note that EPC data is not available for all properties in Colchester.

TEESDALE: Plot and Title Map

TEESDALE sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of TEESDALE, 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 TEESDALE). 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 TEESDALE?

TEESDALE is located on LEECHS LANE in COLCHESTER, in the CO4 postcode district. The below map shows the position of TEESDALE on LEECHS LANE.