2, THE OAKS, STATION ROAD, THORRINGTON, COLCHESTER, CO7 8HY - £115,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 THE OAKS is a very small extended semi-detached house of 84m², built sometime between 1900 and 1929. It was last sold for £115,000 in May 2004, which was around 41% below the average May 2004 detached price in the Tendring local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

2 THE OAKS Sold Prices

Land registry data shows two sales for 2 THE OAKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Both of the two 2 THE OAKS 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
2004 21 MAY	£115,000	£194,675	41% below HPI
1998 15 MAY	£69,000	£75,011	8% below HPI

2 THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The two 2 THE OAKS sales from May 1998 and May 2004 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 May 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2004 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 THE OAKS?

2 THE OAKS is 84m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Thorrington, based on EPC data. The below chart shows the distribution of detached houses by size in Thorrington, and where 2 THE OAKS lies on this distribution: 17% of detached houses are smaller than 2 THE OAKS, and 83% of houses are larger. Note that EPC data is not available for all properties in Thorrington.

2 THE OAKS: Plot and Title Map

2 THE OAKS sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 2 THE OAKS, 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 2 THE OAKS). 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 2 THE OAKS?

2 THE OAKS is located on STATION ROAD in THORRINGTON, in the CO7 postcode district. The below map shows the position of 2 THE OAKS on STATION ROAD.