Otium Lodge Lodge Lane

    OTIUM LODGE, LODGE LANE, LANGHAM, COLCHESTER, CO4 5ND

    This detached freehold property on Lodge Lane last sold in October 2020 for £520,000. Based on price growth in the CO4 district since then, its estimated current value is £590,269 — placing it in the 85th percentile nationally and the 93rd percentile within CO4. The property covers 214 m² (2,303 sq ft), giving an estimated value of £2,758 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,303 sq ft

    214 m²

    Last Sale Price

    £520,000

    Oct 2020

    Estimated Valuation

    £590,269

    Est. £/sq ft

    £256/sq ft

    £2,758/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fueloil (not community)
    EPC currentD
    EPC potentialB
    Floor area2,303 sq ft (214 m²)
    EPC dateJul 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    30 Oct 2020

    £520,000

    8 May 2009

    £400,000

    27 Jan 2005

    £299,995

    Key Metrics

    Estimated valuation£590,269
    Value per sq ft / m²£256/sq ft (£2,758/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO4 district percentile93rd percentile
    National percentile85th percentile

    District Context — CO4

    CO4 covers the Colchester area in Essex, positioned in the southeast of England. It is a mixed residential and commuter district with a blend of urban and suburban character, serving both local families and those working further afield.

    Average Property Price - CO4

    £347,292

    55

    National percentile

    Average Net Household Income - CO4

    £34,873

    31

    National percentile

    10-Year Annualised Price Growth - CO4

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO4

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