ABLEWHITES, CHAPEL ROAD, LANGHAM, COLCHESTER, CO4 5NZ - £415,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ABLEWHITES is a very small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £415,000 in August 2023, which was around 17% below the average August 2023 detached price in the Colchester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was B.

ABLEWHITES Sold Prices

Land registry data shows three sales for ABLEWHITES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three ABLEWHITES 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
2023 16 AUG	£415,000	£498,951	17% below HPI
2009 31 DEC	£237,000	£271,025	13% below HPI
2005 22 FEB	£227,000	£262,309	13% below HPI

ABLEWHITES 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 three ABLEWHITES sales between February 2005 and August 2023 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 December 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is ABLEWHITES?

ABLEWHITES is 90m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where ABLEWHITES lies on this distribution: 12% of detached houses are smaller than ABLEWHITES, and 88% of houses are larger. Note that EPC data is not available for all properties in Langham.

ABLEWHITES: Plot and Title Map

ABLEWHITES sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of ABLEWHITES, 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 ABLEWHITES). 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 ABLEWHITES?

ABLEWHITES is located on CHAPEL ROAD in LANGHAM, in the CO4 postcode district. The below map shows the position of ABLEWHITES on CHAPEL ROAD.