SHERWOOD, WICK ROAD, LANGHAM, COLCHESTER, CO4 5PF - £430,000

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

SHERWOOD is a large extended detached house of 181m², built sometime before 1900. It was last sold for £430,000 in August 2015, which was around 22% above the average August 2015 detached price in the Colchester local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was D.

SHERWOOD Sold Prices

Land registry data shows four sales for SHERWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four SHERWOOD 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
2015 14 AUG	£430,000	£352,908	22% above HPI
2002 19 JUL	£249,995	£200,250	25% above HPI
2001 25 MAY	£217,500	£156,204	39% above HPI
1999 13 AUG	£140,000	£122,586	14% above HPI

SHERWOOD 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 four SHERWOOD sales between August 1999 and August 2015 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 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2015 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is SHERWOOD?

SHERWOOD is 181m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 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 SHERWOOD lies on this distribution: 67% of detached houses are smaller than SHERWOOD, and 33% of houses are larger. Note that EPC data is not available for all properties in Langham.

SHERWOOD: Plot and Title Map

SHERWOOD sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of SHERWOOD, 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 SHERWOOD). 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 SHERWOOD?

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