OAKDENE, BEACON HILL, WICKHAM BISHOPS, WITHAM, CM8 3EA - £340,000

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.

OAKDENE is a very small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £591,672. It was last sold for £340,000 in November 2011, which was around 7% above the average November 2011 detached price in the Maldon local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was E.

OAKDENE Sold Prices

Land registry data shows two sales for OAKDENE 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 OAKDENE sales were for above 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
2011 29 NOV	£340,000	£317,718	7% above HPI
1999 28 MAY	£149,000	£118,713	26% above HPI

OAKDENE 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 OAKDENE sales from May 1999 and November 2011 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 May 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2011 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might OAKDENE be worth now?

OAKDENE might now be worth an estimated £591,672.

This is based on house price inflation of 74%, between November 2011 and February 2025, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74% inflationary increase is applied to the most recent sale price for OAKDENE of £340,000 on 29th November 2011. For the value to have increased from £340,000 to £591,672 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of OAKDENE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The November 2011 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of OAKDENE has not materially changed since November 2011.

How Large is OAKDENE?

OAKDENE is 92m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses houses in Beacon Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beacon Hill, and where OAKDENE lies on this distribution: Less than 1% of detached houses houses are smaller than OAKDENE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Beacon Hill.

OAKDENE: Plot and Title Map

OAKDENE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of OAKDENE, 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 OAKDENE). 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 OAKDENE?

OAKDENE is located on BEACON HILL in WICKHAM BISHOPS, in the CM8 postcode district. The below map shows the position of OAKDENE on BEACON HILL.