55, NORTH LANE, MARKS TEY, COLCHESTER, CO6 1EG - £442,500

55 NORTH LANE is a midsized extended detached house of 132m², built sometime between 1967 and 1975. It was last sold for £442,500 in March 2021, which was around 1% above the average March 2021 detached price in the Colchester local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was B.

55 NORTH LANE Sold Prices

Land registry data shows two sales for 55 NORTH 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. One of the two 55 NORTH LANE sales was for above the average price, whilst the other was 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
2021 19 MAR	£442,500	£438,624	1% above HPI
2007 23 JAN	£265,000	£294,293	10% below HPI

55 NORTH 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 55 NORTH LANE sales from January 2007 and March 2021 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 January 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 55 NORTH LANE?

55 NORTH LANE is 132m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% of detached houses in Copford, based on EPC data. The below chart shows the distribution of detached houses by size in Copford, and where 55 NORTH LANE lies on this distribution: 48% of detached houses are smaller than 55 NORTH LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Copford.

55 NORTH LANE: Plot and Title Map

55 NORTH LANE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of 55 NORTH 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 55 NORTH 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 55 NORTH LANE?

55 NORTH LANE is located in MARKS TEY, in the CO6 postcode district. The below map shows the position of No. 55 on NORTH LANE.