THE VILLA, EAST LANE, DEDHAM, COLCHESTER, CO7 6BG - £390,000

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 VILLA is a small extended semi-detached house of 122m², built sometime before 1900. It was last sold for £390,000 in October 2014, which was around 17% above the average October 2014 detached price in the Colchester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

THE VILLA Sold Prices

Land registry data shows three sales for THE VILLA 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. One of the three THE VILLA sales was for above the average price, whilst two were 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
2014 8 OCT	£390,000	£333,306	17% above HPI
2008 5 AUG	£235,000	£277,838	15% below HPI
2007 25 SEP	£249,995	£306,812	19% below HPI

THE VILLA 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 VILLA sales between September 2007 and October 2014 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 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2014 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is THE VILLA?

THE VILLA is 122m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Dedham, based on EPC data. The below chart shows the distribution of detached houses by size in Dedham, and where THE VILLA lies on this distribution: 36% of detached houses are smaller than THE VILLA, and 64% of houses are larger. Note that EPC data is not available for all properties in Dedham.

THE VILLA: Plot and Title Map

THE VILLA sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of THE VILLA, 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 VILLA). 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 VILLA?

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