45, OAKWOOD AVENUE, WEST MERSEA, COLCHESTER, CO5 8EW - £430,000

45 OAKWOOD AVENUE is a midsized extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £430,000 in April 2021, which was around 1% below the average April 2021 detached price in the Colchester local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

45 OAKWOOD AVENUE Sold Prices

Land registry data shows four sales for 45 OAKWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 45 OAKWOOD AVENUE 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
2021 16 APR	£430,000	£436,072	1% below HPI
2012 28 SEP	£235,000	£288,729	19% below HPI
1998 27 FEB	£92,500	£103,877	11% below HPI
1997 25 JUN	£89,500	£95,840	7% below HPI

45 OAKWOOD AVENUE 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 four 45 OAKWOOD AVENUE sales between June 1997 and April 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 September 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 45 OAKWOOD AVENUE?

45 OAKWOOD AVENUE is 117m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 50% 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 45 OAKWOOD AVENUE lies on this distribution: 52% of detached houses are smaller than 45 OAKWOOD AVENUE, and 47% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

45 OAKWOOD AVENUE: Plot and Title Map

45 OAKWOOD AVENUE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 45 OAKWOOD AVENUE, 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 45 OAKWOOD AVENUE). 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 45 OAKWOOD AVENUE?

45 OAKWOOD AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 45 on OAKWOOD AVENUE.