12, OAKHOUSE CLOSE, COLCHESTER, CO4 6DE - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 OAKHOUSE CLOSE is a very small detached house of 83m². It was last sold for £350,000 in February 2024, which was around 29% below the average February 2024 detached price in the Colchester local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

12 OAKHOUSE CLOSE Sold Prices

Land registry data shows two sales for 12 OAKHOUSE CLOSE 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 12 OAKHOUSE CLOSE 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
2024 22 FEB	£350,000	£492,499	29% below HPI
2019 11 MAR	£294,995	£433,555	32% below HPI

12 OAKHOUSE CLOSE 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 12 OAKHOUSE CLOSE sales from March 2019 and February 2024 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 March 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 12 OAKHOUSE CLOSE?

12 OAKHOUSE CLOSE is 83m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of detached houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses by size in Colchester, and where 12 OAKHOUSE CLOSE lies on this distribution: 17% of detached houses are smaller than 12 OAKHOUSE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Colchester.

12 OAKHOUSE CLOSE: Plot and Title Map

12 OAKHOUSE CLOSE sits on a plot of roughly 7.8 acres, or 31,697m². The below map shows the location of 12 OAKHOUSE CLOSE, 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 12 OAKHOUSE CLOSE). 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 12 OAKHOUSE CLOSE?

12 OAKHOUSE CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 12 on OAKHOUSE CLOSE.