THE OAKS, TENPENNY HILL, THORRINGTON, COLCHESTER, CO7 8JB - £400,000

THE OAKS is a small extended detached house of 101m², built sometime between 1900 and 1929. It was last sold for £400,000 in December 2020, which was around 27% above the average December 2020 detached price in the Tendring local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

THE OAKS Sold Prices

Land registry data shows five sales for THE OAKS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. Most of the five 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
2020 3 DEC	£400,000	£315,583	27% above HPI
2015 16 OCT	£230,000	£239,757	4% below HPI
2009 17 DEC	£240,000	£198,013	21% above HPI
2008 6 OCT	£235,000	£204,428	15% above HPI
2004 18 OCT	£210,000	£204,394	3% above HPI

THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The five THE OAKS sales between October 2004 and December 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 October 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2020 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is THE OAKS?

THE OAKS is 101m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% of detached houses in Thorrington, based on EPC data. The below chart shows the distribution of detached houses by size in Thorrington, and where THE OAKS lies on this distribution: 39% of detached houses are smaller than THE OAKS, and 61% of houses are larger. Note that EPC data is not available for all properties in Thorrington.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.223 of an acre, or 901m². 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 TENPENNY HILL in THORRINGTON, in the CO7 postcode district. The below map shows the position of THE OAKS on TENPENNY HILL.