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 OLD ALE HOUSE is a midsized extended detached house of 160m², built sometime before 1900. It was last sold for £455,000 in March 2015, which was around 35% above the average March 2015 detached price in the Colchester local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for THE OLD ALE HOUSE 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. Both of the two THE OLD ALE HOUSE 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 6 MAR | £455,000 | £337,985 | 35% above HPI |
1995 25 JAN | £152,500 | £94,722 | 61% above 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 OLD ALE HOUSE sales from January 1995 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 January 1995 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the March 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.
THE OLD ALE HOUSE is 160m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% 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 OLD ALE HOUSE lies on this distribution: 48% of detached houses are smaller than THE OLD ALE HOUSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Lamb Corner.
THE OLD ALE HOUSE sits on a plot of roughly 0.430 of an acre, or 1,740m². The below map shows the location of THE OLD ALE HOUSE, 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 OLD ALE HOUSE). 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 OLD ALE HOUSE is located on ARDLEIGH ROAD in DEDHAM, in the CO7 postcode district. The below map shows the position of THE OLD ALE HOUSE on ARDLEIGH ROAD.