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
THE NEST is a very small detached house of 84m², built sometime from 2007 onwards. It was last sold for £350,000 in March 2015, which was around 4% above the average March 2015 detached price in the Colchester local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for THE NEST since 1st 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 THE NEST 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 |
---|---|---|---|
2015 27 MAR | £350,000 | £337,985 | 4% above HPI |
2007 22 MAY | £150,000 | £295,774 | 49% below HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two THE NEST sales from May 2007 and March 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 May 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
THE NEST is 84m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Lamb Corner, based on EPC data. The below chart shows the distribution of detached houses by size in Lamb Corner, and where THE NEST lies on this distribution: 7% of detached houses are smaller than THE NEST, and 93% of houses are larger. Note that EPC data is not available for all properties in Lamb Corner.
THE NEST sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of THE NEST, 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 NEST). 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.
THE NEST is located on ARDLEIGH ROAD in DEDHAM, in the CO7 postcode district. The below map shows the position of THE NEST on ARDLEIGH ROAD.