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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LEE OAK is a very large extended detached house of 172m², built sometime between 1967 and 1975, which could now be worth an estimated £409,145. It was last sold for £327,500 in April 2019, which was around 8% 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	£303,044	8% above HPI
2018 20 DEC	£247,000	£326,274	24% below HPI
2000 16 MAR	£185,000	£103,141	79% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might LEE OAK be worth now?

LEE OAK might now be worth an estimated £409,145.

This is based on house price inflation of 24.9%, between April 2019 and February 2025, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for LEE OAK of £327,500 on 5th April 2019. For the value to have increased from £327,500 to £409,145 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of LEE OAK has moved in line with the HPI for detached houses in the Tendring local authority area.
• The April 2019 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of LEE OAK has not materially changed since April 2019.

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 houses in Alresford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alresford, and where LEE OAK lies on this distribution: 90% of detached houses 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.