LEE OAK, COLCHESTER MAIN ROAD, ALRESFORD, COLCHESTER, CO7 8DD - £327,500

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

LEE OAK is a very large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £327,500 in April 2019, which was around 14% above the average April 2019 detached price in the Tendring local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

LEE OAK Sold Prices

Land registry data shows three sales for LEE OAK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Two of the three LEE OAK sales were for above the average price, whilst one was 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 5 APR	£327,500	£286,919	14% above HPI
2018 20 DEC	£247,000	£308,913	20% below HPI
2000 16 MAR	£185,000	£97,653	89% above HPI

LEE OAK 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 three LEE OAK sales between March 2000 and April 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 December 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2019 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is LEE OAK?

LEE OAK is 172m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 10% of detached houses in Alresford, based on EPC data. The below chart shows the distribution of detached houses by size in Alresford, and where LEE OAK lies on this distribution: 90% of detached houses are smaller than LEE OAK, and 10% of houses are larger. Note that EPC data is not available for all properties in Alresford.

LEE OAK: Plot and Title Map

LEE OAK sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of LEE OAK, 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 LEE OAK). 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 LEE OAK?

LEE OAK is located on COLCHESTER MAIN ROAD in ALRESFORD, in the CO7 postcode district. The below map shows the position of LEE OAK on COLCHESTER MAIN ROAD.