ALEFOUNDERS BARN, WICK ROAD, LANGHAM, COLCHESTER, CO4 5PG - £1,200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ALEFOUNDERS BARN is a very large extended detached house of 221m², built sometime between 1950 and 1966, which could now be worth an estimated £1,217,003. It was last sold for £1,200,000 in October 2023, which was around 142% above the average October 2023 detached price in the Colchester local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.

ALEFOUNDERS BARN Sold Prices

Land registry data shows three sales for ALEFOUNDERS BARN 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 ALEFOUNDERS BARN sales were for above 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 18 OCT	£1,200,000	£495,225	142% above HPI
2018 16 FEB	£830,000	£436,225	90% above HPI
2014 17 JAN	£757,000	£305,779	148% above HPI

ALEFOUNDERS BARN 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 ALEFOUNDERS BARN sales between January 2014 and October 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 February 2018 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the October 2023 sale, where it rises to 142% above the HPI. The line then continues to track at 142% above the HPI.

What might ALEFOUNDERS BARN be worth now?

ALEFOUNDERS BARN might now be worth an estimated £1,217,003.

This is based on house price inflation of 1.4%, between October 2023 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% inflationary increase is applied to the most recent sale price for ALEFOUNDERS BARN of £1,200,000 on 18th October 2023. For the value to have increased from £1,200,000 to £1,217,003 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of ALEFOUNDERS BARN has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2023 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of ALEFOUNDERS BARN has not materially changed since October 2023.

How Large is ALEFOUNDERS BARN?

ALEFOUNDERS BARN is 221m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses houses in Langham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langham, and where ALEFOUNDERS BARN lies on this distribution: 84% of detached houses houses are smaller than ALEFOUNDERS BARN, and 16% of houses are larger. Note that EPC data is not available for all properties in Langham.

ALEFOUNDERS BARN: Plot and Title Map

ALEFOUNDERS BARN sits on a plot of roughly 1.1 acres, or 4,606m². The below map shows the location of ALEFOUNDERS BARN, 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 ALEFOUNDERS BARN). 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 ALEFOUNDERS BARN?

ALEFOUNDERS BARN is located on WICK ROAD in LANGHAM, in the CO4 postcode district. The below map shows the position of ALEFOUNDERS BARN on WICK ROAD.