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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 OAK DRIVE is a large detached house of 139m², which could now be worth an estimated £449,585. It was last sold for £466,000 in December 2022, which was around 19% 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	£577,032	19% below HPI
2018 31 OCT	£380,000	£480,894	21% below HPI
2018 18 OCT	£395,000	£480,894	18% below HPI
2015 27 MAR	£319,995	£376,819	15% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 14 OAK DRIVE be worth now?

14 OAK DRIVE might now be worth an estimated £449,585.

This is based on house price deflation of 3.5%, between December 2022 and March 2025, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% deflationary decrease is applied to the most recent sale price for 14 OAK DRIVE of £466,000 on 13th December 2022. For the value to have decreased from £466,000 to £449,585 over the three years and nine months to March 2025, the following assumptions must hold true:

• The value of 14 OAK DRIVE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The December 2022 sale price of £466,000 represented a fair market value for the property.
• The size, condition, and specification of 14 OAK DRIVE has not materially changed since December 2022.

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 houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southminster, and where 14 OAK DRIVE lies on this distribution: 67% of detached houses 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.