THE OAKS, EASTWOOD RISE, LEIGH-ON-SEA, SS9 5BU - £1,100,000

THE OAKS is a very large detached house of 250m², built sometime between 1991 and 1995. It was last sold for £1,100,000 in July 2016, which was around 140% above the average July 2016 detached price in the Rochford local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was C.

THE OAKS Sold Prices

Land registry data shows three sales for THE OAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rochford local authority area for the corresponding sale date. All of the three THE OAKS 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
2016 11 JUL	£1,100,000	£458,834	140% above HPI
2006 3 MAR	£495,000	£302,476	64% above HPI
2001 19 DEC	£375,000	£188,789	99% above HPI

THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rochford local authority area over time, sourced from the HPI. The three THE OAKS sales between December 2001 and July 2016 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 March 2006 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the July 2016 sale, where it rises to 140% above the HPI. The line then continues to track at 140% above the HPI.

How Large is THE OAKS?

THE OAKS is 250m² according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of detached houses by size in Southend-on-Sea, and where THE OAKS lies on this distribution: 95% of detached houses are smaller than THE OAKS, and 5% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.253 of an acre, or 1,025m². The below map shows the location of THE OAKS, 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 THE OAKS). 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 THE OAKS?

THE OAKS is located on EASTWOOD RISE in LEIGH-ON-SEA, in the SS9 postcode district. The below map shows the position of THE OAKS on EASTWOOD RISE.