OAKLEY LODGE, THE GREEN, WETHERSFIELD, BRAINTREE, CM7 4BS - £277,000

OAKLEY LODGE is a large detached house of 128m², built sometime between 1983 and 1990. It was last sold for £277,000 in April 2012, which was around 6% below the average April 2012 detached price in the Braintree local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

OAKLEY LODGE Sold Prices

Land registry data shows three sales for OAKLEY LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Two of the three OAKLEY LODGE sales were for below the average price, whilst one was 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
2012 20 APR	£277,000	£295,620	6% below HPI
2004 27 AUG	£270,000	£278,324	3% below HPI
1997 29 MAY	£112,000	£97,433	15% above HPI

OAKLEY LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three OAKLEY LODGE sales between May 1997 and April 2012 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 August 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is OAKLEY LODGE?

OAKLEY LODGE is 128m² according to the EPC inspection conducted in July 2013. This puts it in the largest 40% of detached houses in Wethersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Wethersfield, and where OAKLEY LODGE lies on this distribution: 65% of detached houses are smaller than OAKLEY LODGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Wethersfield.

OAKLEY LODGE: Plot and Title Map

OAKLEY LODGE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of OAKLEY LODGE, 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 OAKLEY LODGE). 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 OAKLEY LODGE?

OAKLEY LODGE is located on THE GREEN in WETHERSFIELD, in the CM7 postcode district. The below map shows the position of OAKLEY LODGE on THE GREEN.