THE OAKS, MARLBOROUGH AVENUE, TILLINGHAM, SOUTHMINSTER, CM0 7TN - £505,000

THE OAKS is a large extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £505,000 in May 2022, which was around 8% below the average May 2022 detached price in the Maldon local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS 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. One of the two THE OAKS sales was for below the average price, whilst the other 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
2022 4 MAY	£505,000	£548,317	8% below HPI
1999 8 JUL	£149,995	£121,760	23% above HPI

THE OAKS 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 THE OAKS sales from July 1999 and May 2022 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 July 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is THE OAKS?

THE OAKS is 153m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Tillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Tillingham, and where THE OAKS lies on this distribution: 79% of detached houses are smaller than THE OAKS, and 18% of houses are larger. Note that EPC data is not available for all properties in Tillingham.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.163 of an acre, or 659m². 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 MARLBOROUGH AVENUE in TILLINGHAM, in the CM0 postcode district. The below map shows the position of THE OAKS on MARLBOROUGH AVENUE.