11, ERNEST FANCY LANE, COLCHESTER, CO4 9AN - £457,500

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.

11 ERNEST FANCY LANE is a very large detached house of 157m², which could now be worth an estimated £551,641. It was last sold for £457,500 in January 2020, which was around 46% above the average January 2020 detached price in the Tendring local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was A.

11 ERNEST FANCY LANE Sold Prices

Land registry data shows two sales for 11 ERNEST FANCY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two 11 ERNEST FANCY LANE sales were for above 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
2020 9 JAN	£457,500	£313,425	46% above HPI
2016 19 DEC	£449,995	£287,737	56% above HPI

11 ERNEST FANCY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 11 ERNEST FANCY LANE sales from December 2016 and January 2020 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 December 2016 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the January 2020 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 11 ERNEST FANCY LANE be worth now?

11 ERNEST FANCY LANE might now be worth an estimated £551,641.

This is based on house price inflation of 20.6%, between January 2020 and October 2025, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 11 ERNEST FANCY LANE of £457,500 on 9th January 2020. For the value to have increased from £457,500 to £551,641 over the four years and three months to October 2025, the following assumptions must hold true:

• The value of 11 ERNEST FANCY LANE has moved in line with the HPI for detached houses in the Tendring local authority area.
• The January 2020 sale price of £457,500 represented a fair market value for the property.
• The size, condition, and specification of 11 ERNEST FANCY LANE has not materially changed since January 2020.

How Large is 11 ERNEST FANCY LANE?

11 ERNEST FANCY LANE is 157m² according to the EPC inspection conducted in December 2016. This puts it in the largest 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 11 ERNEST FANCY LANE lies on this distribution: 83% of detached houses houses are smaller than 11 ERNEST FANCY LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Colchester.

11 ERNEST FANCY LANE: Plot and Title Map

11 ERNEST FANCY LANE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 11 ERNEST FANCY LANE, 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 11 ERNEST FANCY LANE). 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 11 ERNEST FANCY LANE?

11 ERNEST FANCY LANE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 11 on ERNEST FANCY LANE.