16, OAK DRIVE, SCHOLAR GREEN, STOKE-ON-TRENT, ST7 3LY - £345,000

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

16 OAK DRIVE is a very large detached house of 165m², built sometime between 2003 and 2006. It was last sold for £345,000 in January 2019, which was around 5% below the average January 2019 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

16 OAK DRIVE Sold Prices

Land registry data shows three sales for 16 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 Cheshire East local authority area for the corresponding sale date. Two of the three 16 OAK DRIVE sales were for below the average price, whilst one was 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
2019 7 JAN	£345,000	£364,265	5% below HPI
2018 24 AUG	£340,400	£360,631	6% below HPI
2002 20 DEC	£249,000	£192,619	29% above HPI

16 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The three 16 OAK DRIVE sales between December 2002 and January 2019 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 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 16 OAK DRIVE?

16 OAK DRIVE is 165m² according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses in Scholar Green, based on EPC data. The below chart shows the distribution of detached houses by size in Scholar Green, and where 16 OAK DRIVE lies on this distribution: 82% of detached houses are smaller than 16 OAK DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Scholar Green.

16 OAK DRIVE: Plot and Title Map

16 OAK DRIVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 16 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 16 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 16 OAK DRIVE?

16 OAK DRIVE is located in SCHOLAR GREEN, in the ST7 postcode district. The below map shows the position of No. 16 on OAK DRIVE.