WHEATLANDS, COLCHESTER MAIN ROAD, ALRESFORD, COLCHESTER, CO7 8DG - £600,000

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

WHEATLANDS is a very large extended detached house of 274m², built sometime between 1950 and 1966. It was last sold for £600,000 in January 2024, which was around 70% above the average January 2024 detached price in the Tendring local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was D.

WHEATLANDS Sold Prices

Land registry data shows two sales for WHEATLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two WHEATLANDS 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
2024 5 JAN	£600,000	£353,886	70% above HPI
2016 25 NOV	£365,000	£265,927	37% above HPI

WHEATLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two WHEATLANDS sales from November 2016 and January 2024 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 November 2016 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the January 2024 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is WHEATLANDS?

WHEATLANDS is 274m², which includes three extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses in Alresford, based on EPC data. The below chart shows the distribution of detached houses by size in Alresford, and where WHEATLANDS lies on this distribution: 98% of detached houses are smaller than WHEATLANDS, and 2% of houses are larger. Note that EPC data is not available for all properties in Alresford.

WHEATLANDS: Plot and Title Map

WHEATLANDS sits on a plot of roughly 0.384 of an acre, or 1,554m². The below map shows the location of WHEATLANDS, 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 WHEATLANDS). 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 WHEATLANDS?

WHEATLANDS is located on COLCHESTER MAIN ROAD in ALRESFORD, in the CO7 postcode district. The below map shows the position of WHEATLANDS on COLCHESTER MAIN ROAD.