2, OAK DRIVE, SOUTHMINSTER, CM0 7FH - £400,000

2 OAK DRIVE is a large detached house of 139m². It was last sold for £400,000 in November 2019, which was around 17% below the average November 2019 detached price in the Maldon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was A.

2 OAK DRIVE Sold Prices

Land registry data shows two sales for 2 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 2 OAK DRIVE 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
2019 26 NOV	£400,000	£480,223	17% below HPI
2014 26 NOV	£322,995	£352,034	8% below HPI

2 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two 2 OAK DRIVE sales from November 2014 and November 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 November 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 OAK DRIVE?

2 OAK DRIVE is 139m² according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses by size in Southminster, and where 2 OAK DRIVE lies on this distribution: 69% of detached houses are smaller than 2 OAK DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Southminster.

2 OAK DRIVE: Plot and Title Map

2 OAK DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 OAK DRIVE, 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 2 OAK DRIVE). 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 2 OAK DRIVE?

2 OAK DRIVE is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 2 on OAK DRIVE.