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

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.

WHEATLANDS is a very large detached house of 151m², built sometime between 1967 and 1975, which could now be worth an estimated £525,781. It was last sold for £305,000 in February 2014, which was around 39% 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	£219,227	39% above HPI
1998 29 JUL	£134,000	£80,934	66% 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 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the February 2014 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might WHEATLANDS be worth now?

WHEATLANDS might now be worth an estimated £525,781.

This is based on house price inflation of 72.4%, between February 2014 and October 2025, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.4% inflationary increase is applied to the most recent sale price for WHEATLANDS of £305,000 on 28th February 2014. For the value to have increased from £305,000 to £525,781 over the ten years and four months to October 2025, the following assumptions must hold true:

• The value of WHEATLANDS has moved in line with the HPI for detached houses in the Tendring local authority area.
• The February 2014 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of WHEATLANDS has not materially changed since February 2014.

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 houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where WHEATLANDS lies on this distribution: 81% of detached houses 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.