112, OAKWOOD AVENUE, WEST MERSEA, COLCHESTER, CO5 8AX - £485,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

112 OAKWOOD AVENUE is a very large detached house of 164m², built sometime between 1991 and 1995. It was last sold for £485,000 in August 2014, which was around 49% above the average August 2014 detached price in the Colchester local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was A.

112 OAKWOOD AVENUE Sold Prices

Land registry data shows two sales for 112 OAKWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 112 OAKWOOD AVENUE 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 1 AUG	£485,000	£324,838	49% above HPI
1996 27 SEP	£165,000	£92,134	79% above HPI

112 OAKWOOD AVENUE 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 two 112 OAKWOOD AVENUE sales from September 1996 and August 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 1996 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the August 2014 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 112 OAKWOOD AVENUE be worth now?

112 OAKWOOD AVENUE might now be worth an estimated £759,354.

This is based on house price inflation of 56.6%, between August 2014 and December 2024, 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 56.6% inflationary increase is applied to the most recent sale price for 112 OAKWOOD AVENUE of £485,000 on 1st August 2014. For the value to have increased from £485,000 to £759,354 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 112 OAKWOOD AVENUE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2014 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 112 OAKWOOD AVENUE has not materially changed since August 2014.

How Large is 112 OAKWOOD AVENUE?

112 OAKWOOD AVENUE is 164m² according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Mersea, and where 112 OAKWOOD AVENUE lies on this distribution: 81% of detached houses houses are smaller than 112 OAKWOOD AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

112 OAKWOOD AVENUE: Plot and Title Map

112 OAKWOOD AVENUE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 112 OAKWOOD AVENUE, 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 112 OAKWOOD AVENUE). 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 112 OAKWOOD AVENUE?

112 OAKWOOD AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 112 on OAKWOOD AVENUE.