15, OAK DRIVE, COLWALL, MALVERN, WR13 6RA - £320,000

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

15 OAK DRIVE is a small extended detached house of 127m², built sometime between 1976 and 1982. It was last sold for £320,000 in January 2018, which was around 3% below the average January 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

15 OAK DRIVE Sold Prices

Land registry data shows three sales for 15 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. One of the three 15 OAK DRIVE sales was for below the average price, whilst two 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
2018 26 JAN	£320,000	£329,035	3% below HPI
2004 25 AUG	£315,000	£255,299	23% above HPI
2002 22 NOV	£260,000	£187,567	39% above HPI

15 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The three 15 OAK DRIVE sales between November 2002 and January 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 August 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 15 OAK DRIVE?

15 OAK DRIVE is 127m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% 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 15 OAK DRIVE lies on this distribution: 39% of detached houses are smaller than 15 OAK DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Colwall Stone.

15 OAK DRIVE: Plot and Title Map

15 OAK DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 15 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 15 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.

Where is 15 OAK DRIVE?

15 OAK DRIVE is located in COLWALL, in the WR13 postcode district. The below map shows the position of No. 15 on OAK DRIVE.