LABURNUM, PLAINS FARM CLOSE, ARDLEIGH, COLCHESTER, CO7 7QU - £635,000

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

LABURNUM is a very large detached house of 187m², built sometime between 1983 and 1990. It was last sold for £635,000 in November 2023, which was around 78% above the average November 2023 detached price in the Tendring local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

LABURNUM Sold Prices

Land registry data shows two sales for LABURNUM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two LABURNUM 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 21 NOV	£635,000	£356,109	78% above HPI
2017 5 APR	£525,000	£283,607	85% above HPI

LABURNUM Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two LABURNUM sales from April 2017 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 April 2017 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the November 2023 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is LABURNUM?

LABURNUM is 187m² according to the EPC inspection conducted in January 2023. This puts it in the largest 10% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where LABURNUM lies on this distribution: 93% of detached houses are smaller than LABURNUM, and 7% of houses are larger. Note that EPC data is not available for all properties in Colchester.

LABURNUM: Plot and Title Map

LABURNUM sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of LABURNUM, 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 LABURNUM). 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 LABURNUM?

LABURNUM is located on PLAINS FARM CLOSE in ARDLEIGH, in the CO7 postcode district. The below map shows the position of LABURNUM on PLAINS FARM CLOSE.