12, REDORA LANE, COLCHESTER, CO4 6DP - £620,000

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.

12 REDORA LANE is a very large detached house of 196m², which could now be worth an estimated £679,823. It was last sold for £620,000 in November 2020, which was around 36% above the average November 2020 detached price in the Colchester local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was B.

12 REDORA LANE Sold Prices

Land registry data shows two sales for 12 REDORA 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 Colchester local authority area for the corresponding sale date. Both of the two 12 REDORA 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 2 NOV	£620,000	£456,169	36% above HPI
2017 18 DEC	£600,000	£436,243	38% above HPI

12 REDORA LANE 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 two 12 REDORA LANE sales from December 2017 and November 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 2017 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2020 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 12 REDORA LANE be worth now?

12 REDORA LANE might now be worth an estimated £679,823.

This is based on house price inflation of 9.6%, between November 2020 and October 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 9.6% inflationary increase is applied to the most recent sale price for 12 REDORA LANE of £620,000 on 2nd November 2020. For the value to have increased from £620,000 to £679,823 over the five years and one month to October 2025, the following assumptions must hold true:

• The value of 12 REDORA LANE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2020 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 12 REDORA LANE has not materially changed since November 2020.

How Large is 12 REDORA LANE?

12 REDORA LANE is 196m² according to the EPC inspection conducted in December 2017. This puts it in the largest 10% 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 12 REDORA LANE lies on this distribution: 94% of detached houses houses are smaller than 12 REDORA LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 REDORA LANE: Plot and Title Map

12 REDORA LANE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 12 REDORA 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 12 REDORA 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 12 REDORA LANE?

12 REDORA LANE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 12 on REDORA LANE.