4, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP - £380,000

4 OAKWOOD DRIVE is a small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £380,000 in December 2019, which was around 11% below the average December 2019 detached price in the Colchester local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

4 OAKWOOD DRIVE Sold Prices

Land registry data shows three sales for 4 OAKWOOD DRIVE since 1st 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 4 OAKWOOD DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2019
16 DEC
£380,000£425,212
down arrow
11% below HPI
2007
2 FEB
£249,995£294,497
down arrow
15% below HPI
2005
21 JUL
£214,000£268,859
down arrow
20% below HPI

4 OAKWOOD DRIVE 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 4 OAKWOOD DRIVE sales between July 2005 and December 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 February 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

4, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP: Price paid vs HM Land Registry's House Price Index

How Large is 4 OAKWOOD DRIVE?

4 OAKWOOD DRIVE is 100m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 4 OAKWOOD DRIVE lies on this distribution: 36% of detached houses are smaller than 4 OAKWOOD DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

4, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP: Size of property relative to detached houses in West Mersea

4 OAKWOOD DRIVE: Plot and Title Map

4 OAKWOOD DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 4 OAKWOOD 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 4 OAKWOOD 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.

4, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP: Plot and title map

Where is 4 OAKWOOD DRIVE?

4 OAKWOOD DRIVE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 4 on OAKWOOD DRIVE.

4, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP: Location map and indicative extent of plot

All sales of detached houses on OAKWOOD DRIVE

4, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2019
16 DEC
£380,000
5, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2015
13 AUG
£242,500
12, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2012
24 OCT
£239,995
2, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2008
25 APR
£120,000
4, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2007
2 FEB
£249,995
12, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2006
27 OCT
£170,000
20, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2006
26 MAY
£250,000
2, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2006
3 MAY
£220,000
8, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2005
2 DEC
£185,000
4, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2005
21 JUL
£214,000
14, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2002
12 JUL
£180,000
16, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2001
2 AUG
£110,000
20, OAKWOOD DRIVE, WEST MERSEA, COLCHESTER, CO5 8DP
2000
12 OCT
£138,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.