1A, ALAN WAY, COLCHESTER, CO3 4LG - £345,000

1A ALAN WAY is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £345,000 in October 2017, which was around 20% below the average October 2017 detached price in the Colchester local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

1A ALAN WAY Sold Prices

Land registry data shows two sales for 1A ALAN WAY 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 1A ALAN WAY 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
2017 3 OCT	£345,000	£433,691	20% below HPI
2000 23 AUG	£110,000	£145,978	25% below HPI

1A ALAN WAY 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 1A ALAN WAY sales from August 2000 and October 2017 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 August 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1A ALAN WAY?

1A ALAN WAY is 79m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 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 1A ALAN WAY lies on this distribution: 13% of detached houses are smaller than 1A ALAN WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1A ALAN WAY: Plot and Title Map

1A ALAN WAY sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 1A ALAN WAY, 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 1A ALAN WAY). 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 1A ALAN WAY?

1A ALAN WAY is located in COLCHESTER, in the CO3 postcode district. The below map shows the position of No. 1A on ALAN WAY.