LAUREL HOUSE, CHAPEL ROAD, LANGHAM, COLCHESTER, CO4 5NZ - £345,000

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

LAUREL HOUSE is a small extended detached house of 111m², built sometime before 1900. It was last sold for £345,000 in July 2007, which was around 14% above the average July 2007 detached price in the Colchester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

LAUREL HOUSE Sold Prices

Land registry data shows three sales for LAUREL 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 LAUREL 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
2007 9 JUL	£345,000	£303,833	14% above HPI
2000 5 MAY	£180,000	£141,661	27% above HPI
1999 20 MAY	£140,000	£113,788	23% above HPI

LAUREL 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 LAUREL HOUSE sales between May 1999 and July 2007 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 2000 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the July 2007 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is LAUREL HOUSE?

LAUREL HOUSE is 111m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where LAUREL HOUSE lies on this distribution: 29% of detached houses are smaller than LAUREL HOUSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Langham.

LAUREL HOUSE: Plot and Title Map

LAUREL HOUSE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of LAUREL 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 LAUREL 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 LAUREL HOUSE?

LAUREL HOUSE is located on CHAPEL ROAD in LANGHAM, in the CO4 postcode district. The below map shows the position of LAUREL HOUSE on CHAPEL ROAD.