12, OAK WAY, STONEHOUSE, GL10 2QJ - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 OAK WAY is a very small extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £260,000 in November 2016, which was around 33% below the average November 2016 detached price in the Stroud 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.

12 OAK WAY Sold Prices

Land registry data shows five sales for 12 OAK WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the five 12 OAK WAY 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
2016 23 NOV	£260,000	£389,841	33% below HPI
2012 11 MAY	£185,000	£298,966	38% below HPI
2009 21 APR	£185,000	£261,066	29% below HPI
2002 29 AUG	£155,000	£223,269	31% below HPI
2000 27 MAR	£89,000	£144,723	39% below HPI

12 OAK WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The five 12 OAK WAY sales between March 2000 and November 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 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 12 OAK WAY?

12 OAK WAY is 87m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Stonehouse, based on EPC data. The below chart shows the distribution of detached houses by size in Stonehouse, and where 12 OAK WAY lies on this distribution: 16% of detached houses are smaller than 12 OAK WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Stonehouse.

12 OAK WAY: Plot and Title Map

12 OAK WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 12 OAK WAY, 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 12 OAK WAY). 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 12 OAK WAY?

12 OAK WAY is located in STONEHOUSE, in the GL10 postcode district. The below map shows the position of No. 12 on OAK WAY.