15, OAKLANDS, LEAVENHEATH, COLCHESTER, CO6 4UH - £330,000

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

15 OAKLANDS is a small extended detached house of 88m², built sometime between 1976 and 1982. It was last sold for £330,000 in May 2021, which was around 22% below the average May 2021 detached price in the Babergh local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

15 OAKLANDS Sold Prices

Land registry data shows three sales for 15 OAKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. All of the three 15 OAKLANDS 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
2021 18 MAY	£330,000	£422,640	22% below HPI
2013 11 NOV	£230,000	£288,730	20% below HPI
2001 10 JUL	£117,000	£151,815	23% below HPI

15 OAKLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The three 15 OAKLANDS sales between July 2001 and May 2021 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 November 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 OAKLANDS?

15 OAKLANDS is 88m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of detached houses in Leavenheath, based on EPC data. The below chart shows the distribution of detached houses by size in Leavenheath, and where 15 OAKLANDS lies on this distribution: 28% of detached houses are smaller than 15 OAKLANDS, and 71% of houses are larger. Note that EPC data is not available for all properties in Leavenheath.

15 OAKLANDS: Plot and Title Map

15 OAKLANDS sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 15 OAKLANDS, 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 15 OAKLANDS). 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 15 OAKLANDS?

15 OAKLANDS is located in LEAVENHEATH, in the CO6 postcode district. The below map shows the position of No. 15 on OAKLANDS.