CRAIGIEVAR, HARWICH ROAD, GREAT OAKLEY, HARWICH, CO12 5AD - £125,000

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

CRAIGIEVAR is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £125,000 in December 2019, which was around 58% below the average December 2019 detached price in the Tendring local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was A.

CRAIGIEVAR Sold Prices

Land registry data shows four sales for CRAIGIEVAR since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the four CRAIGIEVAR 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
2019 18 DEC	£125,000	£299,779	58% below HPI
2007 20 APR	£132,500	£216,453	39% below HPI
1996 18 OCT	£47,500	£63,937	26% below HPI
1996 15 MAR	£45,000	£62,185	28% below HPI

CRAIGIEVAR 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 four CRAIGIEVAR sales between March 1996 and December 2019 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 April 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2019 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is CRAIGIEVAR?

CRAIGIEVAR is 100m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Great Oakley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Oakley, and where CRAIGIEVAR lies on this distribution: 35% of detached houses are smaller than CRAIGIEVAR, and 64% of houses are larger. Note that EPC data is not available for all properties in Great Oakley.

CRAIGIEVAR: Plot and Title Map

CRAIGIEVAR sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of CRAIGIEVAR, 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 CRAIGIEVAR). 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 CRAIGIEVAR?

CRAIGIEVAR is located on HARWICH ROAD in GREAT OAKLEY, in the CO12 postcode district. The below map shows the position of CRAIGIEVAR on HARWICH ROAD.