16, OAKLANDS WAY, MELBOURNE, DERBY, DE73 8LR - £347,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

16 OAKLANDS WAY is a midsized detached house of 118m², built sometime between 2003 and 2006. It was last sold for £347,500 in January 2014, which was around 63% above the average January 2014 detached price in the South Derbyshire local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

16 OAKLANDS WAY Sold Prices

Land registry data shows four sales for 16 OAKLANDS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the four 16 OAKLANDS WAY sales 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
2014 17 JAN	£347,500	£213,358	63% above HPI
2011 15 FEB	£330,000	£201,322	64% above HPI
2001 24 MAY	£126,000	£101,235	24% above HPI
1996 12 SEP	£84,000	£71,592	17% above HPI

16 OAKLANDS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The four 16 OAKLANDS WAY sales between September 1996 and January 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 February 2011 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the January 2014 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 16 OAKLANDS WAY?

16 OAKLANDS WAY is 118m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 50% of detached houses in Melbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourne, and where 16 OAKLANDS WAY lies on this distribution: 45% of detached houses are smaller than 16 OAKLANDS WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Melbourne.

16 OAKLANDS WAY: Plot and Title Map

16 OAKLANDS WAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 16 OAKLANDS WAY, 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 OAKLANDS WAY). 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 OAKLANDS WAY?

16 OAKLANDS WAY is located in MELBOURNE, in the DE73 postcode district. The below map shows the position of No. 16 on OAKLANDS WAY.