OAK LEA, DUCK END, FINCHINGFIELD, BRAINTREE, CM7 4NE - £525,000

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.

OAK LEA is a midsized extended semi-detached house of 158m², built sometime before 1900, which could now be worth an estimated £619,348. It was last sold for £525,000 in June 2019, which was around 84% above the average June 2019 semi-detached price in the Braintree local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

OAK LEA Sold Prices

Land registry data shows three sales for OAK LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. All of the three OAK LEA sales were for above 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 14 JUN	£525,000	£285,232	84% above HPI
2006 26 OCT	£362,000	£186,845	94% above HPI
1996 7 NOV	£105,000	£56,910	85% above HPI

OAK LEA Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The three OAK LEA sales between November 1996 and June 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 October 2006 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the June 2019 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

What might OAK LEA be worth now?

OAK LEA might now be worth an estimated £619,348.

This is based on house price inflation of 18%, between June 2019 and February 2025, for semi-detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for OAK LEA of £525,000 on 14th June 2019. For the value to have increased from £525,000 to £619,348 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of OAK LEA has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The June 2019 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of OAK LEA has not materially changed since June 2019.

How Large is OAK LEA?

OAK LEA is 158m², which includes three extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of semi-detached houses houses in Finchingfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Finchingfield, and where OAK LEA lies on this distribution: 59% of semi-detached houses houses are smaller than OAK LEA, and 41% of houses are larger. Note that EPC data is not available for all properties in Finchingfield.

OAK LEA: Plot and Title Map

OAK LEA sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of OAK LEA, 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 OAK LEA). 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 OAK LEA?

OAK LEA is located on DUCK END in FINCHINGFIELD, in the CM7 postcode district. The below map shows the position of OAK LEA on DUCK END.