1, WILLOW COTTAGES, MERSEA ROAD, LANGENHOE, COLCHESTER, CO5 7LF - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WILLOW COTTAGES is a very small extended terraced house of 53m², built sometime between 1900 and 1929, which could now be worth an estimated £290,859. It was last sold for £245,000 in July 2020, which was around 10% above the average July 2020 terraced price in the Colchester local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

1 WILLOW COTTAGES Sold Prices

Land registry data shows two sales for 1 WILLOW COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Colchester local authority area for the corresponding sale date. Both of the two 1 WILLOW COTTAGES 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 JUL	£245,000	£222,076	10% above HPI
2012 29 JUN	£170,000	£149,975	13% above HPI

1 WILLOW COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Colchester local authority area over time, sourced from the HPI. The two 1 WILLOW COTTAGES sales from June 2012 and July 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 June 2012 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 1 WILLOW COTTAGES be worth now?

1 WILLOW COTTAGES might now be worth an estimated £290,859.

This is based on house price inflation of 18.7%, between July 2020 and July 2025, for terraced houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.7% inflationary increase is applied to the most recent sale price for 1 WILLOW COTTAGES of £245,000 on 24th July 2020. For the value to have increased from £245,000 to £290,859 over the five years to July 2025, the following assumptions must hold true:

• The value of 1 WILLOW COTTAGES has moved in line with the HPI for terraced houses in the Colchester local authority area.
• The July 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WILLOW COTTAGES has not materially changed since July 2020.

How Large is 1 WILLOW COTTAGES?

1 WILLOW COTTAGES is 53m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of terraced houses houses in Abberton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Abberton, and where 1 WILLOW COTTAGES lies on this distribution: Less than 1% of terraced houses houses are smaller than 1 WILLOW COTTAGES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Abberton.

1 WILLOW COTTAGES: Plot and Title Map

1 WILLOW COTTAGES sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 1 WILLOW COTTAGES, 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 1 WILLOW COTTAGES). 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 1 WILLOW COTTAGES?

1 WILLOW COTTAGES is located on MERSEA ROAD in LANGENHOE, in the CO5 postcode district. The below map shows the position of 1 WILLOW COTTAGES on MERSEA ROAD.