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
16 OAKLANDS is a large detached house of 138m², built sometime between 1991 and 1995. It was last sold for £240,000 in February 2013, which was around 5% below the average February 2013 detached price in the Worcester local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 16 OAKLANDS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. One of the three 16 OAKLANDS 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 |
---|---|---|---|
2013 1 FEB | £240,000 | £253,658 | 5% below HPI |
2006 27 OCT | £269,950 | £264,787 | 2% above HPI |
1999 2 NOV | £134,950 | £114,438 | 18% above HPI |
The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The three 16 OAKLANDS sales between November 1999 and February 2013 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 October 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
16 OAKLANDS is 138m² according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 16 OAKLANDS lies on this distribution: 77% of detached houses are smaller than 16 OAKLANDS, and 23% of houses are larger. Note that EPC data is not available for all properties in Worcester.
16 OAKLANDS sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 16 OAKLANDS, 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). 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.
16 OAKLANDS is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 16 on OAKLANDS.