TAIHAPE, PARK LANE, LANGHAM, COLCHESTER, CO4 5NJ - £470,000

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

TAIHAPE is a very small detached house of 73m², built sometime between 1900 and 1929. It was last sold for £470,000 in September 2021, which was around 2% above the average September 2021 detached price in the Colchester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was F, and the potential energy rating was C.

TAIHAPE Sold Prices

Land registry data shows two sales for TAIHAPE 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. One of the two TAIHAPE sales was for above the average price, whilst the other was for below 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 24 SEP	£470,000	£462,560	2% above HPI
2005 29 JUL	£140,000	£268,859	48% below HPI

TAIHAPE 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 TAIHAPE sales from July 2005 and September 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 July 2005 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is TAIHAPE?

TAIHAPE is 73m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where TAIHAPE lies on this distribution: 2% of detached houses are smaller than TAIHAPE, and 98% of houses are larger. Note that EPC data is not available for all properties in Langham.

TAIHAPE: Plot and Title Map

TAIHAPE sits on a plot of roughly 0.238 of an acre, or 962m². The below map shows the location of TAIHAPE, 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 TAIHAPE). 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 TAIHAPE?

TAIHAPE is located on PARK LANE in LANGHAM, in the CO4 postcode district. The below map shows the position of TAIHAPE on PARK LANE.