ALEFOUNDERS HOUSE, PARK LANE, LANGHAM, COLCHESTER, CO4 5NH - £880,700

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

ALEFOUNDERS HOUSE is a very large extended detached house of 248m², built sometime between 1900 and 1929. It was last sold for £880,700 in June 2023, which was around 75% above the average June 2023 detached price in the Colchester local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was D.

ALEFOUNDERS HOUSE Sold Prices

Land registry data shows three sales for ALEFOUNDERS HOUSE 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 HOUSE 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 6 JUN	£880,700	£503,924	75% above HPI
2020 19 NOV	£600,000	£454,919	32% above HPI
2015 17 JUL	£555,000	£349,277	59% above HPI

ALEFOUNDERS HOUSE 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 HOUSE sales between July 2015 and June 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 November 2020 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2023 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is ALEFOUNDERS HOUSE?

ALEFOUNDERS HOUSE is 248m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 10% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where ALEFOUNDERS HOUSE lies on this distribution: 90% of detached houses are smaller than ALEFOUNDERS HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Langham.

ALEFOUNDERS HOUSE: Plot and Title Map

ALEFOUNDERS HOUSE sits on a plot of roughly 0.426 of an acre, or 1,724m². The below map shows the location of ALEFOUNDERS HOUSE, 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 HOUSE). 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 HOUSE?

ALEFOUNDERS HOUSE is located on PARK LANE in LANGHAM, in the CO4 postcode district. The below map shows the position of ALEFOUNDERS HOUSE on PARK LANE.