7, PARK LANE, EARLS COLNE, COLCHESTER, CO6 2RJ - £322,500

7 PARK LANE is a large detached house of 147m², built sometime between 1967 and 1975. It was last sold for £322,500 in April 2007, which was around 5% above the average April 2007 detached price in the Braintree local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

7 PARK LANE Sold Prices

Land registry data shows two sales for 7 PARK 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 Braintree local authority area for the corresponding sale date. One of the two 7 PARK 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
2007 20 APR	£322,500	£306,521	5% above HPI
2005 23 MAY	£250,000	£274,006	9% below HPI

7 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 7 PARK LANE sales from May 2005 and April 2007 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 May 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2007 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 7 PARK LANE?

7 PARK LANE is 147m² according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Earls Colne, based on EPC data. The below chart shows the distribution of detached houses by size in Earls Colne, and where 7 PARK LANE lies on this distribution: 80% of detached houses are smaller than 7 PARK LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Earls Colne.

7 PARK LANE: Plot and Title Map

7 PARK LANE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 7 PARK 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 7 PARK 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 7 PARK LANE?

7 PARK LANE is located in EARLS COLNE, in the CO6 postcode district. The below map shows the position of No. 7 on PARK LANE.