WHITE GABLES, LUCY LANE NORTH, STANWAY, COLCHESTER, CO3 0JQ - £435,000

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

WHITE GABLES is a large extended detached house of 142m², built sometime between 1930 and 1949. It was last sold for £435,000 in March 2023, which was around 17% below the average March 2023 detached price in the Colchester local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

WHITE GABLES Sold Prices

Land registry data shows three sales for WHITE GABLES 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 WHITE GABLES 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
2023 10 MAR	£435,000	£524,602	17% below HPI
2012 20 APR	£212,000	£281,519	25% below HPI
2002 4 DEC	£172,995	£224,803	23% below HPI

WHITE GABLES 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 WHITE GABLES sales between December 2002 and March 2023 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 April 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is WHITE GABLES?

WHITE GABLES is 142m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where WHITE GABLES lies on this distribution: 76% of detached houses are smaller than WHITE GABLES, and 24% of houses are larger. Note that EPC data is not available for all properties in Colchester.

WHITE GABLES: Plot and Title Map

WHITE GABLES sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of WHITE GABLES, 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 WHITE GABLES). 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 WHITE GABLES?

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