HOLLY FARM, LAYER BRETON, COLCHESTER, CO2 0PS - £367,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HOLLY FARM is a small extended detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £585,910. It was last sold for £367,500 in May 2014, which was around 17% above the average May 2014 detached price in the Colchester local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was A.

HOLLY FARM Sold Prices

Land registry data shows two sales for HOLLY FARM 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 HOLLY FARM 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
2014 15 MAY	£367,500	£315,021	17% above HPI
2002 14 JUN	£250,000	£190,990	31% above HPI

HOLLY FARM 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 HOLLY FARM sales from June 2002 and May 2014 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 June 2002 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might HOLLY FARM be worth now?

HOLLY FARM might now be worth an estimated £585,910.

This is based on house price inflation of 59.4%, between May 2014 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 59.4% inflationary increase is applied to the most recent sale price for HOLLY FARM of £367,500 on 15th May 2014. For the value to have increased from £367,500 to £585,910 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of HOLLY FARM has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2014 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of HOLLY FARM has not materially changed since May 2014.

How Large is HOLLY FARM?

HOLLY FARM is 120m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses houses in Layer Breton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Layer Breton, and where HOLLY FARM lies on this distribution: 31% of detached houses houses are smaller than HOLLY FARM, and 69% of houses are larger. Note that EPC data is not available for all properties in Layer Breton.

HOLLY FARM: Plot and Title Map

HOLLY FARM sits on a plot of roughly 0.291 of an acre, or 1,178m². The below map shows the location of HOLLY FARM, 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 HOLLY FARM). 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 HOLLY FARM?

HOLLY FARM is located in LAYER BRETON, in the CO2 postcode district. The below map shows the position of HOLLY FARM in LAYER BRETON.