SERENITY, HIGH STREET, LANGHAM, COLCHESTER, CO4 5NT - £975,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SERENITY is a very large extended detached house of 214m², built sometime before 1900, which could now be worth an estimated £1,128,679. It was last sold for £975,000 in May 2021, which was around 122% above the average May 2021 detached price in the Colchester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

SERENITY Sold Prices

Land registry data shows two sales for SERENITY 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 SERENITY 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
2021 20 MAY	£975,000	£439,343	122% above HPI
2002 10 MAY	£295,000	£188,108	57% above HPI

SERENITY 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 SERENITY sales from May 2002 and May 2021 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 2002 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2021 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

What might SERENITY be worth now?

SERENITY might now be worth an estimated £1,128,679.

This is based on house price inflation of 15.8%, between May 2021 and December 2024, 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 15.8% inflationary increase is applied to the most recent sale price for SERENITY of £975,000 on 20th May 2021. For the value to have increased from £975,000 to £1,128,679 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of SERENITY has moved in line with the HPI for detached houses in the Colchester local authority area.
• The May 2021 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of SERENITY has not materially changed since May 2021.

How Large is SERENITY?

SERENITY is 214m², which includes four extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 20% 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 SERENITY lies on this distribution: 82% of detached houses houses are smaller than SERENITY, and 17% of houses are larger. Note that EPC data is not available for all properties in Langham.

SERENITY: Plot and Title Map

SERENITY sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of SERENITY, 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 SERENITY). 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 SERENITY?

SERENITY is located on HIGH STREET in LANGHAM, in the CO4 postcode district. The below map shows the position of SERENITY on HIGH STREET.