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 OAKTREE WAY is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £204,000 in October 2010, which was around 27% below the average October 2010 detached price in the Somerset local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 18 OAKTREE WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. All of the five 18 OAKTREE WAY 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 |
---|---|---|---|
2010 12 OCT | £204,000 | £278,076 | 27% below HPI |
2007 22 MAR | £235,000 | £282,282 | 17% below HPI |
2004 14 JUL | £210,000 | £249,209 | 16% below HPI |
1999 27 MAY | £102,250 | £107,309 | 5% below HPI |
1998 25 MAR | £91,000 | £99,917 | 9% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The five 18 OAKTREE WAY sales between March 1998 and October 2010 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 March 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2010 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
18 OAKTREE WAY is 130m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the largest 40% of detached houses in Cannington, based on EPC data. The below chart shows the distribution of detached houses by size in Cannington, and where 18 OAKTREE WAY lies on this distribution: 67% of detached houses are smaller than 18 OAKTREE WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Cannington.
18 OAKTREE WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 18 OAKTREE 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 18 OAKTREE 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.
18 OAKTREE WAY is located in CANNINGTON, in the TA5 postcode district. The below map shows the position of No. 18 on OAKTREE WAY.