OAKFIELD, ARDLEIGH ROAD, DEDHAM, COLCHESTER, CO7 6EQ - £800,000

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.

OAKFIELD is a very large detached house of 277m², built sometime between 1950 and 1966, which could now be worth an estimated £935,703. It was last sold for £800,000 in August 2017, which was around 86% above the average August 2017 detached price in the Colchester local authority area. The most recent EPC inspection was September 2016, where the current energy rating was F, and the potential energy rating was C.

OAKFIELD Sold Prices

Land registry data shows three sales for OAKFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three OAKFIELD 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
2017 17 AUG	£800,000	£429,403	86% above HPI
2008 1 FEB	£745,000	£308,943	141% above HPI
2000 19 OCT	£190,000	£151,447	25% above HPI

OAKFIELD 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 three OAKFIELD sales between October 2000 and August 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 February 2008 sale was for 141% above the HPI. So the extrapolation line tracks at 141% above the HPI over time, until the August 2017 sale, where it falls to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might OAKFIELD be worth now?

OAKFIELD might now be worth an estimated £935,703.

This is based on house price inflation of 17%, between August 2017 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for OAKFIELD of £800,000 on 17th August 2017. For the value to have increased from £800,000 to £935,703 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of OAKFIELD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The August 2017 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of OAKFIELD has not materially changed since August 2017.

How Large is OAKFIELD?

OAKFIELD is 277m² according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses houses in Lamb Corner, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lamb Corner, and where OAKFIELD lies on this distribution: 85% of detached houses houses are smaller than OAKFIELD, and 15% of houses are larger. Note that EPC data is not available for all properties in Lamb Corner.

OAKFIELD: Plot and Title Map

OAKFIELD sits on a plot of roughly 0.596 of an acre, or 2,412m². The below map shows the location of OAKFIELD, 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 OAKFIELD). 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 OAKFIELD?

OAKFIELD is located on ARDLEIGH ROAD in DEDHAM, in the CO7 postcode district. The below map shows the position of OAKFIELD on ARDLEIGH ROAD.