96, OAKWOOD AVENUE, WEST MERSEA, COLCHESTER, CO5 8AX - £333,000

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

96 OAKWOOD AVENUE is a small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £333,000 in July 2017, which was around 21% below the average July 2017 detached price in the Colchester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

96 OAKWOOD AVENUE Sold Prices

Land registry data shows two sales for 96 OAKWOOD AVENUE 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 96 OAKWOOD AVENUE 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
2017 24 JUL	£333,000	£423,682	21% below HPI
2014 1 JUL	£233,000	£320,393	27% below HPI

96 OAKWOOD AVENUE 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 96 OAKWOOD AVENUE sales from July 2014 and July 2017 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 July 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 96 OAKWOOD AVENUE?

96 OAKWOOD AVENUE is 92m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 96 OAKWOOD AVENUE lies on this distribution: 29% of detached houses are smaller than 96 OAKWOOD AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

96 OAKWOOD AVENUE: Plot and Title Map

96 OAKWOOD AVENUE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 96 OAKWOOD AVENUE, 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 96 OAKWOOD AVENUE). 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 96 OAKWOOD AVENUE?

96 OAKWOOD AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 96 on OAKWOOD AVENUE.