NIRVANA, SCHOOL ROAD, LANGHAM, COLCHESTER, CO4 5PD - £330,000

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

NIRVANA is a small detached house of 128m², built sometime between 1996 and 2002. It was last sold for £330,000 in June 2004, which was around 28% above the average June 2004 detached price in the Colchester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

NIRVANA Sold Prices

Land registry data shows two sales for NIRVANA 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 NIRVANA 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
2004 3 JUN	£330,000	£256,983	28% above HPI
1999 28 APR	£145,000	£111,386	30% above HPI

NIRVANA 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 NIRVANA sales from April 1999 and June 2004 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 1999 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2004 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is NIRVANA?

NIRVANA is 128m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where NIRVANA lies on this distribution: 37% of detached houses are smaller than NIRVANA, and 61% of houses are larger. Note that EPC data is not available for all properties in Langham.

NIRVANA: Plot and Title Map

NIRVANA sits on a plot of roughly 0.124 of an acre, or 504m². The below map shows the location of NIRVANA, 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 NIRVANA). 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 NIRVANA?

NIRVANA is located on SCHOOL ROAD in LANGHAM, in the CO4 postcode district. The below map shows the position of NIRVANA on SCHOOL ROAD.