15, OAKHOUSE CLOSE, COLCHESTER, CO4 6DE - £388,000

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.

15 OAKHOUSE CLOSE is a small detached house of 90m², which could now be worth an estimated £387,886. It was last sold for £388,000 in June 2022, which was around 23% below the average June 2022 detached price in the Colchester local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

15 OAKHOUSE CLOSE Sold Prices

Land registry data shows two sales for 15 OAKHOUSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Both of the two 15 OAKHOUSE CLOSE sales were 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
2022 16 JUN	£388,000	£505,393	23% below HPI
2018 29 OCT	£329,995	£441,206	25% below HPI

15 OAKHOUSE CLOSE 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 two 15 OAKHOUSE CLOSE sales from October 2018 and June 2022 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 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 15 OAKHOUSE CLOSE be worth now?

15 OAKHOUSE CLOSE might now be worth an estimated £387,886.

This is based on house price deflation of 0%, between June 2022 and March 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 0% deflationary decrease is applied to the most recent sale price for 15 OAKHOUSE CLOSE of £388,000 on 16th June 2022. For the value to have decreased from £388,000 to £387,886 over the three years and three months to March 2025, the following assumptions must hold true:

• The value of 15 OAKHOUSE CLOSE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The June 2022 sale price of £388,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKHOUSE CLOSE has not materially changed since June 2022.

How Large is 15 OAKHOUSE CLOSE?

15 OAKHOUSE CLOSE is 90m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% 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 15 OAKHOUSE CLOSE lies on this distribution: 26% of detached houses houses are smaller than 15 OAKHOUSE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Colchester.

15 OAKHOUSE CLOSE: Plot and Title Map

15 OAKHOUSE CLOSE sits on a plot of roughly 7.8 acres, or 31,697m². The below map shows the location of 15 OAKHOUSE CLOSE, 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 15 OAKHOUSE CLOSE). 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 15 OAKHOUSE CLOSE?

15 OAKHOUSE CLOSE is located in COLCHESTER, in the CO4 postcode district. The below map shows the position of No. 15 on OAKHOUSE CLOSE.