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 SOUTH OAK LANE is a very small detached house of 86m², built sometime between 1900 and 1929. It was last sold for £430,000 in May 2018, which was around 22% above the average May 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was April 2009, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows five sales for 16 SOUTH OAK LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. Most of the five 16 SOUTH OAK 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 |
---|---|---|---|
2018 25 MAY | £430,000 | £351,677 | 22% above HPI |
2011 31 MAY | £235,000 | £285,286 | 18% below HPI |
2006 31 OCT | £237,000 | £285,452 | 17% below HPI |
2005 4 MAR | £215,000 | £253,626 | 15% below HPI |
1997 15 DEC | £89,950 | £106,458 | 16% below HPI |
The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The five 16 SOUTH OAK LANE sales between December 1997 and May 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 May 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2018 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
16 SOUTH OAK LANE is 86m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses in Wilmslow, based on EPC data. The below chart shows the distribution of detached houses by size in Wilmslow, and where 16 SOUTH OAK LANE lies on this distribution: 7% of detached houses are smaller than 16 SOUTH OAK LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Wilmslow.
16 SOUTH OAK LANE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 16 SOUTH OAK 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 16 SOUTH OAK 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.
16 SOUTH OAK LANE is located in WILMSLOW, in the SK9 postcode district. The below map shows the position of No. 16 on SOUTH OAK LANE.