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
13 OAKLANDS CLOSE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £230,000 in October 2014, which was around 26% below the average October 2014 detached price in the Lichfield local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 13 OAKLANDS CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 13 OAKLANDS CLOSE 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 |
---|---|---|---|
2014 27 OCT | £230,000 | £312,099 | 26% below HPI |
2001 21 AUG | £152,500 | £156,913 | 3% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 13 OAKLANDS CLOSE sales from August 2001 and October 2014 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 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
13 OAKLANDS CLOSE is 81m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Hill Ridware, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Ridware, and where 13 OAKLANDS CLOSE lies on this distribution: 14% of detached houses are smaller than 13 OAKLANDS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.
13 OAKLANDS CLOSE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 13 OAKLANDS CLOSE, 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 13 OAKLANDS CLOSE). 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.
13 OAKLANDS CLOSE is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 13 on OAKLANDS CLOSE.