17, OAKLANDS CLOSE, HILL RIDWARE, RUGELEY, WS15 3RJ - £430,000

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.

17 OAKLANDS CLOSE is a midsized detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £459,137. It was last sold for £430,000 in September 2022, which was around 10% below the average September 2022 detached price in the Lichfield local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

17 OAKLANDS CLOSE Sold Prices

Land registry data shows two sales for 17 OAKLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 17 OAKLANDS CLOSE 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 30 SEP	£430,000	£476,840	10% below HPI
2020 6 OCT	£320,000	£407,343	21% below HPI

17 OAKLANDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 17 OAKLANDS CLOSE sales from October 2020 and September 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 October 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 17 OAKLANDS CLOSE be worth now?

17 OAKLANDS CLOSE might now be worth an estimated £459,137.

This is based on house price inflation of 6.8%, between September 2022 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.8% inflationary increase is applied to the most recent sale price for 17 OAKLANDS CLOSE of £430,000 on 30th September 2022. For the value to have increased from £430,000 to £459,137 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 OAKLANDS CLOSE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The September 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 17 OAKLANDS CLOSE has not materially changed since September 2022.

How Large is 17 OAKLANDS CLOSE?

17 OAKLANDS CLOSE is 125m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses houses in Hill Ridware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hill Ridware, and where 17 OAKLANDS CLOSE lies on this distribution: 46% of detached houses houses are smaller than 17 OAKLANDS CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.

17 OAKLANDS CLOSE: Plot and Title Map

17 OAKLANDS CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 17 OAKLANDS CLOSE, 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 17 OAKLANDS CLOSE). 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 17 OAKLANDS CLOSE?

17 OAKLANDS CLOSE is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 17 on OAKLANDS CLOSE.