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
18 OAKLANDS CLOSE is a small extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £180,000 in March 2015, which was around 42% below the average March 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 18 OAKLANDS CLOSE since 1st 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 18 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 |
---|---|---|---|
2015 27 MAR | £180,000 | £310,325 | 42% below HPI |
1999 13 JUL | £110,000 | £122,793 | 10% below HPI |
The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 18 OAKLANDS CLOSE sales from July 1999 and March 2015 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 July 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2015 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
18 OAKLANDS CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses in Hill Ridware, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Ridware, and where 18 OAKLANDS CLOSE lies on this distribution: 33% of detached houses are smaller than 18 OAKLANDS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Hill Ridware.
18 OAKLANDS CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 18 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 18 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.
18 OAKLANDS CLOSE is located in HILL RIDWARE, in the WS15 postcode district. The below map shows the position of No. 18 on OAKLANDS CLOSE.