Our Data Sources
1, Spenceley Lane, Colchester has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Spenceley Lane, Colchester is in very good condition we estimate a sale value of £208,319 and a rental value of £1,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,511 and a rental value of £954 per month.
Energy Efficiency
1, Spenceley Lane, Colchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, Spenceley Lane, Colchester was last sold on 22nd March 2024 for £199,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2024, the market for similar properties has dropped by 17.6%.
- Sold Mar 2024£199,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 29 sales of properties similar to 1, Spenceley Lane, Colchester within a radius of 950 metres over the last 2 years.
The most recent example is 64, Doughton Road, Colchester, CO5 9RR, a leasehold flat which sold for £209,950 on the 4th September 2024.
Read more about house prices in CO5.
- Sold Sep 2024£209,950 | 2 Bed Flat64, Doughton Road, Colchester, CO5 9RR64, Doughton Road, Colchester, CO5 9RR
- Sold Feb 2024£199,950 | 2 Bed Flat48, Doughton Road, Colchester, CO5 9RR48, Doughton Road, Colchester, CO5 9RR
- Sold Dec 2023£199,950 | 2 Bed Flat42, Doughton Road, Colchester, CO5 9RR42, Doughton Road, Colchester, CO5 9RR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Spenceley Lane, Kelvedon, Colchester, CO5 has a total of 22 addresses. According to our analysis of all the public data, 1, Spenceley Lane, Colchester is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £225k less expensive than the average property in CO5.
More reading links
Schools Nearby
- Kelvedon St Mary's Church of England Primary Academy600 m away
- Feering Church of England Primary School1.3 km away
- Messing Primary School3.4 km away
- Honywood School4.1 km away
- Thurstable School4.1 km away
- Lift New Rickstones5.1 km away
More reading links
Public Transport Nearby
- Kelvedon|200 m away
- Witham|5.7 km away
- White Notley|7.1 km away
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
