MONICA HOUSE, COLCHESTER ROAD, ARDLEIGH, COLCHESTER, CO7 7PA - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MONICA HOUSE is a very large extended detached house of 241m², built sometime before 1900, which could now be worth an estimated £794,393. It was last sold for £500,000 in August 2008, which was around 110% above the average August 2008 detached price in the Tendring local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.

MONICA HOUSE Sold Prices

Land registry data shows two sales for MONICA HOUSE 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 MONICA 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
2008 15 AUG	£500,000	£238,290	110% above HPI
2006 29 SEP	£495,000	£224,375	121% above HPI

MONICA HOUSE 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 MONICA HOUSE sales from September 2006 and August 2008 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 September 2006 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the August 2008 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might MONICA HOUSE be worth now?

MONICA HOUSE might now be worth an estimated £794,393.

This is based on house price inflation of 58.9%, between August 2008 and February 2025, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.9% inflationary increase is applied to the most recent sale price for MONICA HOUSE of £500,000 on 15th August 2008. For the value to have increased from £500,000 to £794,393 over the seventeen years and six months to February 2025, the following assumptions must hold true:

• The value of MONICA HOUSE has moved in line with the HPI for detached houses in the Tendring local authority area.
• The August 2008 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of MONICA HOUSE has not materially changed since August 2008.

How Large is MONICA HOUSE?

MONICA HOUSE is 241m², which includes four extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses houses in Ardleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ardleigh, and where MONICA HOUSE lies on this distribution: 98% of detached houses houses are smaller than MONICA HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Ardleigh.

MONICA HOUSE: Plot and Title Map

MONICA HOUSE sits on a plot of roughly 0.430 of an acre, or 1,740m². The below map shows the location of MONICA 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 MONICA 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 MONICA HOUSE?

MONICA HOUSE is located on COLCHESTER ROAD in ARDLEIGH, in the CO7 postcode district. The below map shows the position of MONICA HOUSE on COLCHESTER ROAD.