14, OAK DRIVE, SOUTHMINSTER, CM0 7FH - £466,000

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

14 OAK DRIVE is a large detached house of 139m². It was last sold for £466,000 in December 2022, which was around 18% below the average December 2022 detached price in the Maldon local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was A.

14 OAK DRIVE Sold Prices

Land registry data shows four sales for 14 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. All of the four 14 OAK DRIVE 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
2022 13 DEC	£466,000	£569,846	18% below HPI
2018 31 OCT	£380,000	£474,905	20% below HPI
2018 18 OCT	£395,000	£474,905	17% below HPI
2015 27 MAR	£319,995	£372,126	14% below HPI

14 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The four 14 OAK DRIVE sales between March 2015 and December 2022 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 October 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 14 OAK DRIVE?

14 OAK DRIVE is 139m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 14 OAK DRIVE lies on this distribution: 68% of detached houses are smaller than 14 OAK DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Southminster.

14 OAK DRIVE: Plot and Title Map

14 OAK DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 14 OAK DRIVE, 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 14 OAK DRIVE). 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 14 OAK DRIVE?

14 OAK DRIVE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 14 on OAK DRIVE.