8, NEW LANE, FEERING, COLCHESTER, CO5 9EJ - £380,000

8 NEW LANE is a small detached house of 109m², built sometime between 1976 and 1982. It was last sold for £380,000 in May 2019, which was around 18% below the average May 2019 detached price in the Braintree local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

8 NEW LANE Sold Prices

Land registry data shows two sales for 8 NEW 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. Both of the two 8 NEW LANE 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
2019 28 MAY	£380,000	£462,902	18% below HPI
2004 9 AUG	£140,000	£278,324	50% below HPI

8 NEW 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 8 NEW LANE sales from August 2004 and May 2019 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 2004 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 NEW LANE?

8 NEW LANE is 109m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% of detached houses in Feering, based on EPC data. The below chart shows the distribution of detached houses by size in Feering, and where 8 NEW LANE lies on this distribution: 35% of detached houses are smaller than 8 NEW LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Feering.

8 NEW LANE: Plot and Title Map

8 NEW LANE sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 8 NEW 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 8 NEW 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 8 NEW LANE?

8 NEW LANE is located in FEERING, in the CO5 postcode district. The below map shows the position of No. 8 on NEW LANE.