THE CHARELS, BARGATE LANE, DEDHAM, COLCHESTER, CO7 6BN - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE CHARELS is a large extended detached house of 170m², built sometime between 1976 and 1982. It was last sold for £500,000 in November 2013, which was around 64% above the average November 2013 detached price in the Colchester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

THE CHARELS Sold Prices

Land registry data shows three sales for THE CHARELS 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 THE CHARELS 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
2013 27 NOV	£500,000	£304,252	64% above HPI
2003 5 AUG	£268,000	£236,145	13% above HPI
1999 15 NOV	£147,500	£127,719	15% above HPI

THE CHARELS 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 THE CHARELS sales between November 1999 and November 2013 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 August 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2013 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is THE CHARELS?

THE CHARELS is 170m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Dedham Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Dedham Heath, and where THE CHARELS lies on this distribution: 71% of detached houses are smaller than THE CHARELS, and 29% of houses are larger. Note that EPC data is not available for all properties in Dedham Heath.

THE CHARELS: Plot and Title Map

THE CHARELS sits on a plot of roughly 0.432 of an acre, or 1,750m². The below map shows the location of THE CHARELS, 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 THE CHARELS). 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 THE CHARELS?

THE CHARELS is located on BARGATE LANE in DEDHAM, in the CO7 postcode district. The below map shows the position of THE CHARELS on BARGATE LANE.