THE OAKS, BUDDENS ROAD, WICKHAM, FAREHAM, PO17 5HG - £280,000

THE OAKS is a very small detached house of 103m², built sometime between 2003 and 2006. It was last sold for £280,000 in August 2004, which was around 28% below the average August 2004 detached price in the Winchester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, 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 Winchester local authority area for the corresponding sale date. Both of the two THE OAKS sales were for below 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
2004 13 AUG	£280,000	£389,753	28% below HPI
2003 22 AUG	£250,000	£365,292	32% below HPI

THE OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The two THE OAKS sales from August 2003 and August 2004 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 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2004 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is THE OAKS?

THE OAKS is 103m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Wickham, based on EPC data. The below chart shows the distribution of detached houses by size in Wickham, and where THE OAKS lies on this distribution: 20% of detached houses are smaller than THE OAKS, and 80% of houses are larger. Note that EPC data is not available for all properties in Wickham.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.155 of an acre, or 627m². 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 BUDDENS ROAD in WICKHAM, in the PO17 postcode district. The below map shows the position of THE OAKS on BUDDENS ROAD.