8, OAKWOOD AVENUE, WEST MERSEA, COLCHESTER, CO5 8EJ - £355,000

8 OAKWOOD AVENUE is a midsized extended detached house of 106m², built sometime between 1976 and 1982. It was last sold for £355,000 in September 2020, which was around 18% below the average September 2020 detached price in the Colchester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was D.

8 OAKWOOD AVENUE Sold Prices

Land registry data shows two sales for 8 OAKWOOD AVENUE 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 8 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
2020 29 SEP	£355,000	£434,672	18% below HPI
2017 1 DEC	£330,000	£435,048	24% below HPI

8 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 two 8 OAKWOOD AVENUE sales from December 2017 and September 2020 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 December 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 OAKWOOD AVENUE?

8 OAKWOOD AVENUE is 106m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 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 8 OAKWOOD AVENUE lies on this distribution: 41% of detached houses are smaller than 8 OAKWOOD AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

8 OAKWOOD AVENUE: Plot and Title Map

8 OAKWOOD AVENUE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 8 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 8 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 8 OAKWOOD AVENUE?

8 OAKWOOD AVENUE is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 8 on OAKWOOD AVENUE.