1, OAKWOOD GARDENS, WEST MERSEA, COLCHESTER, CO5 8DT - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 OAKWOOD GARDENS is a large detached house of 131m², built sometime between 1967 and 1975. It was last sold for £265,000 in February 2014, which was around 14% below the average February 2014 detached price in the Colchester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was B.

1 OAKWOOD GARDENS Sold Prices

Land registry data shows three sales for 1 OAKWOOD GARDENS 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 1 OAKWOOD GARDENS sales were for below 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 14 FEB	£265,000	£306,630	14% below HPI
2006 5 SEP	£230,000	£283,645	19% below HPI
1999 15 JUL	£75,000	£120,463	38% below HPI

1 OAKWOOD GARDENS 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 1 OAKWOOD GARDENS sales between July 1999 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 September 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 OAKWOOD GARDENS?

1 OAKWOOD GARDENS is 131m² according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 1 OAKWOOD GARDENS lies on this distribution: 64% of detached houses are smaller than 1 OAKWOOD GARDENS, and 36% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

1 OAKWOOD GARDENS: Plot and Title Map

1 OAKWOOD GARDENS sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 1 OAKWOOD GARDENS, 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 OAKWOOD GARDENS). 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 OAKWOOD GARDENS?

1 OAKWOOD GARDENS is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 1 on OAKWOOD GARDENS.