Our Data Sources
40, Spring Lane, Colchester has 2 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Spring Lane, Colchester would be worth £608,225, with a potential rental value of £1,904 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £538,714, with a rental value of £1,687 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
40, Spring Lane, Colchester occupies a 1,035 m2 plot as recorded by HM Land Registry.
Of the 22 other houses in this postcode, 19 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
40, Spring Lane, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Spring Lane, Colchester last changed hands on 8th April 2021, selling for £517,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 16.3% since April 2021.
- Sold Apr 2021£517,000
- Sold Nov 2007£375,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 72 sales of comparable properties within 1.3 kilometres of 40, Spring Lane, Colchester across the last 2 years.
Most recently, 44, Spring Lane, Colchester, CO3 9TH, a freehold house, sold at £580,000 on the 23rd October 2024.
Read more about house prices in CO6.
- Sold Oct 2024£580,000 | 4 Bed House44, Spring Lane, Colchester, CO3 9TH44, Spring Lane, Colchester, CO3 9TH
- Sold Dec 2022£682,500 | 4 Bed House50, Heathfields, Colchester, CO6 3QR50, Heathfields, Colchester, CO6 3QR
- Sold Aug 2019£392,000 | 4 Bed House21, Heathfields, Colchester, CO6 3QP21, Heathfields, Colchester, CO6 3QP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40, Spring Lane, Colchester as the 2nd largest and the 2nd most expensive of the 38 addresses on Spring Lane, Eight Ash Green, Colchester, CO6.
Against the CO6 postcode district average, it is £130k more expensive than the typical property.
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Schools Nearby
- Holy Trinity CofE Primary School, Eight Ash Green and Aldham1.0 km away
- Stanway Primary School1.7 km away
- Lakelands Primary School1.9 km away
- The Stanway School1.9 km away
- St Benedict's Catholic College3.7 km away
- Colchester County High School for Girls3.7 km away
More reading links
Public Transport Nearby
- Marks Tey|3.4 km away
- Colchester|4.7 km away
- Chappel & Wakes Colne|5.5 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
