27, COLCHESTER AVENUE, LANCASTER, LA1 4AX - £298,000

27 COLCHESTER AVENUE is a midsized extended detached house of 118m², built sometime between 1991 and 1995. It was last sold for £298,000 in July 2018, which was around 17% above the average July 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

27 COLCHESTER AVENUE Sold Prices

Land registry data shows four sales for 27 COLCHESTER AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 27 COLCHESTER AVENUE 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
2018 18 JUL	£298,000	£253,927	17% above HPI
2000 14 JUL	£135,000	£90,082	50% above HPI
2000 26 MAY	£132,000	£89,291	48% above HPI
1997 5 SEP	£110,000	£81,476	35% above HPI

27 COLCHESTER AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The four 27 COLCHESTER AVENUE sales between September 1997 and July 2018 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 2000 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 27 COLCHESTER AVENUE?

27 COLCHESTER AVENUE is 118m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 27 COLCHESTER AVENUE lies on this distribution: 49% of detached houses are smaller than 27 COLCHESTER AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

27 COLCHESTER AVENUE: Plot and Title Map

27 COLCHESTER AVENUE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 27 COLCHESTER AVENUE, 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 27 COLCHESTER AVENUE). 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 27 COLCHESTER AVENUE?

27 COLCHESTER AVENUE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 27 on COLCHESTER AVENUE.