15, OAK TREE LANE, COOKHILL, ALCESTER, B49 5LH - £450,000

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.

15 OAK TREE LANE is a very small extended detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £436,480. It was last sold for £450,000 in August 2022, which was around 6% below the average August 2022 detached price in the Wychavon local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

15 OAK TREE LANE Sold Prices

Land registry data shows three sales for 15 OAK TREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. All of the three 15 OAK TREE LANE 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
2022 31 AUG	£450,000	£480,554	6% below HPI
2019 6 DEC	£335,000	£389,954	14% below HPI
2019 10 MAY	£238,000	£382,505	38% below HPI

15 OAK TREE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The three 15 OAK TREE LANE sales between May 2019 and August 2022 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 December 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 15 OAK TREE LANE be worth now?

15 OAK TREE LANE might now be worth an estimated £436,480.

This is based on house price deflation of 3%, between August 2022 and February 2025, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% deflationary decrease is applied to the most recent sale price for 15 OAK TREE LANE of £450,000 on 31st August 2022. For the value to have decreased from £450,000 to £436,480 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 15 OAK TREE LANE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The August 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAK TREE LANE has not materially changed since August 2022.

How Large is 15 OAK TREE LANE?

15 OAK TREE LANE is 82m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses houses in Cookhill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cookhill, and where 15 OAK TREE LANE lies on this distribution: 10% of detached houses houses are smaller than 15 OAK TREE LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cookhill.

15 OAK TREE LANE: Plot and Title Map

15 OAK TREE LANE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 15 OAK TREE LANE, 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 TREE LANE). 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 TREE LANE?

15 OAK TREE LANE is located in COOKHILL, in the B49 postcode district. The below map shows the position of No. 15 on OAK TREE LANE.