WHITE OAKS, PARSONS HEATH, COLCHESTER, CO4 3HX - £750,000

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.

WHITE OAKS is a very large detached house of 223m², built sometime between 2003 and 2006, which could now be worth an estimated £836,845. It was last sold for £750,000 in July 2021, which was around 67% above the average July 2021 detached price in the Colchester local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

WHITE OAKS Sold Prices

Land registry data shows three sales for WHITE OAKS 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 WHITE OAKS 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
2021 30 JUL	£750,000	£450,121	67% above HPI
2016 1 JUL	£640,000	£391,068	64% above HPI
2009 16 OCT	£549,000	£267,688	105% above HPI

WHITE OAKS 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 WHITE OAKS sales between October 2009 and July 2021 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 July 2016 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the July 2021 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might WHITE OAKS be worth now?

WHITE OAKS might now be worth an estimated £836,845.

This is based on house price inflation of 11.6%, between July 2021 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 11.6% inflationary increase is applied to the most recent sale price for WHITE OAKS of £750,000 on 30th July 2021. For the value to have increased from £750,000 to £836,845 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of WHITE OAKS has moved in line with the HPI for detached houses in the Colchester local authority area.
• The July 2021 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of WHITE OAKS has not materially changed since July 2021.

How Large is WHITE OAKS?

WHITE OAKS is 223m² according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where WHITE OAKS lies on this distribution: 97% of detached houses houses are smaller than WHITE OAKS, and 3% of houses are larger. Note that EPC data is not available for all properties in Colchester.

WHITE OAKS: Plot and Title Map

WHITE OAKS sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of WHITE OAKS, 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 WHITE OAKS). 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 WHITE OAKS?

WHITE OAKS is located on PARSONS HEATH in COLCHESTER, in the CO4 postcode district. The below map shows the position of WHITE OAKS on PARSONS HEATH.