WHEATLANDS, PLAINS FARM CLOSE, ARDLEIGH, COLCHESTER, CO7 7QU - £305,000

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 detached house of 151m², built sometime between 1967 and 1975. It was last sold for £305,000 in February 2014, which was around 47% above the average February 2014 detached price in the Tendring local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

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
2014 28 FEB	£305,000	£207,562	47% above HPI
1998 29 JUL	£134,000	£76,627	75% 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 July 1998 and February 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 July 1998 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the February 2014 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is WHEATLANDS?

WHEATLANDS is 151m² according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where WHEATLANDS lies on this distribution: 81% of detached houses are smaller than WHEATLANDS, and 19% of houses are larger. Note that EPC data is not available for all properties in Colchester.

WHEATLANDS: Plot and Title Map

WHEATLANDS sits on a plot of roughly 0.132 of an acre, or 536m². 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 PLAINS FARM CLOSE in ARDLEIGH, in the CO7 postcode district. The below map shows the position of WHEATLANDS on PLAINS FARM CLOSE.