FALLEN OAKS, WICK ROAD, LANGHAM, COLCHESTER, CO4 5PG - £417,500

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

FALLEN OAKS is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £417,500 in November 2023, which was around 17% below the average November 2023 detached price in the Colchester local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

FALLEN OAKS Sold Prices

Land registry data shows two sales for FALLEN OAKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two FALLEN OAKS 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 9 NOV	£417,500	£501,864	17% below HPI
2018 18 MAY	£330,000	£432,704	24% below HPI

FALLEN OAKS 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 two FALLEN OAKS sales from May 2018 and November 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 May 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is FALLEN OAKS?

FALLEN OAKS is 83m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 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 FALLEN OAKS lies on this distribution: 6% of detached houses are smaller than FALLEN OAKS, and 92% of houses are larger. Note that EPC data is not available for all properties in Langham.

FALLEN OAKS: Plot and Title Map

FALLEN OAKS sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of FALLEN OAKS, 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 FALLEN OAKS). 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 FALLEN OAKS?

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