OMEGA, MOOR ROAD, LANGHAM, COLCHESTER, CO4 5NR - £465,000

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.

OMEGA is a large extended detached house of 200m², built sometime between 1967 and 1975, which could now be worth an estimated £807,888. It was last sold for £465,000 in October 2012, which was around 61% above the average October 2012 detached price in the Colchester local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

OMEGA Sold Prices

Land registry data shows three sales for OMEGA 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. The three OMEGA sales were a mix of above the average price, and roughly equal to 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
2012 26 OCT	£465,000	£289,078	61% above HPI
2007 12 OCT	£455,000	£305,977	49% above HPI
1997 21 FEB	£92,000	£91,853	Close to HPI

OMEGA 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 OMEGA sales between February 1997 and October 2012 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 October 2007 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the October 2012 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might OMEGA be worth now?

OMEGA might now be worth an estimated £807,888.

This is based on house price inflation of 73.7%, between October 2012 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.7% inflationary increase is applied to the most recent sale price for OMEGA of £465,000 on 26th October 2012. For the value to have increased from £465,000 to £807,888 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of OMEGA has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2012 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of OMEGA has not materially changed since October 2012.

How Large is OMEGA?

OMEGA is 200m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses houses in Langham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langham, and where OMEGA lies on this distribution: 79% of detached houses houses are smaller than OMEGA, and 21% of houses are larger. Note that EPC data is not available for all properties in Langham.

OMEGA: Plot and Title Map

OMEGA sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of OMEGA, 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 OMEGA). 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 OMEGA?

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