14, OAKWOOD DRIVE, WESHAM, PRESTON, PR4 3EW - £184,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 OAKWOOD DRIVE is a very small detached house of 84m², which could now be worth an estimated £242,623. It was last sold for £184,500 in August 2018, which was around 38% below the average August 2018 detached price in the Fylde local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was B.

14 OAKWOOD DRIVE Sold Prices

Land registry data shows two sales for 14 OAKWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. Both of the two 14 OAKWOOD DRIVE 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
2018 6 AUG	£184,500	£299,093	38% below HPI
2017 22 FEB	£183,500	£291,355	37% below HPI

14 OAKWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The two 14 OAKWOOD DRIVE sales from February 2017 and August 2018 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 February 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 14 OAKWOOD DRIVE be worth now?

14 OAKWOOD DRIVE might now be worth an estimated £242,623.

This is based on house price inflation of 31.5%, between August 2018 and February 2025, for detached houses, in the Fylde local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.5% inflationary increase is applied to the most recent sale price for 14 OAKWOOD DRIVE of £184,500 on 6th August 2018. For the value to have increased from £184,500 to £242,623 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 14 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Fylde local authority area.
• The August 2018 sale price of £184,500 represented a fair market value for the property.
• The size, condition, and specification of 14 OAKWOOD DRIVE has not materially changed since August 2018.

How Large is 14 OAKWOOD DRIVE?

14 OAKWOOD DRIVE is 84m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses houses in Wesham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wesham, and where 14 OAKWOOD DRIVE lies on this distribution: 12% of detached houses houses are smaller than 14 OAKWOOD DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Wesham.

14 OAKWOOD DRIVE: Plot and Title Map

14 OAKWOOD DRIVE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 14 OAKWOOD 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 14 OAKWOOD 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.

Where is 14 OAKWOOD DRIVE?

14 OAKWOOD DRIVE is located in WESHAM, in the PR4 postcode district. The below map shows the position of No. 14 on OAKWOOD DRIVE.