ARCANUM, SHATTERS ROAD, LAYER BRETON, COLCHESTER, CO2 0PY - £680,000

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.

ARCANUM is a midsized extended detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £761,738. It was last sold for £680,000 in October 2020, which was around 51% above the average October 2020 detached price in the Colchester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

ARCANUM Sold Prices

Land registry data shows three sales for ARCANUM 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. All of the three ARCANUM 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 21 OCT	£680,000	£451,030	51% above HPI
2015 27 JAN	£420,000	£333,919	26% above HPI
2001 9 NOV	£217,000	£176,693	23% above HPI

ARCANUM 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 ARCANUM sales between November 2001 and October 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 January 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2020 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might ARCANUM be worth now?

ARCANUM might now be worth an estimated £761,738.

This is based on house price inflation of 12%, between October 2020 and March 2025, for detached 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 12% inflationary increase is applied to the most recent sale price for ARCANUM of £680,000 on 21st October 2020. For the value to have increased from £680,000 to £761,738 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of ARCANUM has moved in line with the HPI for detached houses in the Colchester local authority area.
• The October 2020 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of ARCANUM has not materially changed since October 2020.

How Large is ARCANUM?

ARCANUM is 153m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses houses in Layer Breton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Layer Breton, and where ARCANUM lies on this distribution: 55% of detached houses houses are smaller than ARCANUM, and 45% of houses are larger. Note that EPC data is not available for all properties in Layer Breton.

ARCANUM: Plot and Title Map

ARCANUM sits on a plot of roughly 0.346 of an acre, or 1,401m². The below map shows the location of ARCANUM, 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 ARCANUM). 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 ARCANUM?

ARCANUM is located on SHATTERS ROAD in LAYER BRETON, in the CO2 postcode district. The below map shows the position of ARCANUM on SHATTERS ROAD.