THE RANCHE, LONG ROAD WEST, DEDHAM, COLCHESTER, CO7 6EH - £485,000

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

THE RANCHE is a very small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £485,000 in February 2020, which was around 13% above the average February 2020 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 B.

THE RANCHE Sold Prices

Land registry data shows two sales for THE RANCHE 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. Both of the two THE RANCHE 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
2020 24 FEB	£485,000	£428,922	13% above HPI
2014 7 AUG	£375,000	£323,948	16% above HPI

THE RANCHE 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 THE RANCHE sales from August 2014 and February 2020 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 2014 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is THE RANCHE?

THE RANCHE is 92m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% 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 RANCHE lies on this distribution: 19% of detached houses are smaller than THE RANCHE, and 81% of houses are larger. Note that EPC data is not available for all properties in Lamb Corner.

THE RANCHE: Plot and Title Map

THE RANCHE sits on a plot of roughly 0.341 of an acre, or 1,378m². The below map shows the location of THE RANCHE, 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 RANCHE). 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 RANCHE?

THE RANCHE is located on LONG ROAD WEST in DEDHAM, in the CO7 postcode district. The below map shows the position of THE RANCHE on LONG ROAD WEST.