Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 OAK DRIVE is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £316,000 in March 2016, which was around 3% above the average March 2016 detached price in the Herefordshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 OAK DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. Both of the two 1 OAK DRIVE 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 18 MAR | £316,000 | £307,137 | 3% above HPI |
1999 14 MAY | £145,000 | £109,285 | 33% above HPI |
The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two 1 OAK DRIVE sales from May 1999 and March 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 May 1999 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2016 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.
1 OAK DRIVE is 82m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Colwall Stone, based on EPC data. The below chart shows the distribution of detached houses by size in Colwall Stone, and where 1 OAK DRIVE lies on this distribution: 6% of detached houses are smaller than 1 OAK DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Colwall Stone.
1 OAK DRIVE sits on a plot of roughly 0.151 of an acre, or 609m². The below map shows the location of 1 OAK DRIVE, 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 1 OAK DRIVE). 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.
1 OAK DRIVE is located in COLWALL, in the WR13 postcode district. The below map shows the position of No. 1 on OAK DRIVE.