OAKLEIGH, CHAPEL ROAD, LANGHAM, COLCHESTER, CO4 5NY - £845,000

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

OAKLEIGH is a large extended detached house of 198m², built sometime between 1983 and 1990. It was last sold for £845,000 in August 2022, which was around 65% above the average August 2022 detached price in the Colchester local authority area. The most recent EPC inspection was July 2024, where the current energy rating was A, and the potential energy rating was A.

OAKLEIGH Sold Prices

Land registry data shows three sales for OAKLEIGH 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 OAKLEIGH 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
2022 1 AUG	£845,000	£511,451	65% above HPI
1999 30 JUL	£240,000	£120,463	99% above HPI
1996 7 JUN	£160,000	£90,353	77% above HPI

OAKLEIGH 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 OAKLEIGH sales between June 1996 and August 2022 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 July 1999 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the August 2022 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is OAKLEIGH?

OAKLEIGH is 198m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 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 OAKLEIGH lies on this distribution: 77% of detached houses are smaller than OAKLEIGH, and 23% of houses are larger. Note that EPC data is not available for all properties in Langham.

OAKLEIGH: Plot and Title Map

OAKLEIGH sits on a plot of roughly 0.320 of an acre, or 1,293m². The below map shows the location of OAKLEIGH, 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 OAKLEIGH). 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 OAKLEIGH?

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