198, OAK LEAZE, PATCHWAY, BRISTOL, BS34 5FN - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

198 OAK LEAZE is a small detached house of 90m². It was last sold for £375,000 in November 2023, which was around 30% below the average November 2023 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

198 OAK LEAZE Sold Prices

Land registry data shows four sales for 198 OAK LEAZE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the four 198 OAK LEAZE 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
2023 24 NOV	£375,000	£535,648	30% below HPI
2023 26 MAY	£375,000	£539,344	30% below HPI
2019 25 NOV	£335,000	£445,177	25% below HPI
2015 22 JUN	£279,995	£356,170	21% below HPI

198 OAK LEAZE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The four 198 OAK LEAZE sales between June 2015 and November 2023 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 2023 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2023 sale, which was also at 30% below the HPI.

What might 198 OAK LEAZE be worth now?

198 OAK LEAZE might now be worth an estimated £389,314.

This is based on house price inflation of 3.8%, between November 2023 and December 2024, for detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for 198 OAK LEAZE of £375,000 on 24th November 2023. For the value to have increased from £375,000 to £389,314 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 198 OAK LEAZE has moved in line with the HPI for detached houses in the South Gloucestershire local authority area.
• The November 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 198 OAK LEAZE has not materially changed since November 2023.

How Large is 198 OAK LEAZE?

198 OAK LEAZE is 90m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses houses in Patchway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Patchway, and where 198 OAK LEAZE lies on this distribution: 31% of detached houses houses are smaller than 198 OAK LEAZE, and 66% of houses are larger. Note that EPC data is not available for all properties in Patchway.

198 OAK LEAZE: Plot and Title Map

198 OAK LEAZE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 198 OAK LEAZE, 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 198 OAK LEAZE). 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 198 OAK LEAZE?

198 OAK LEAZE is located in PATCHWAY, in the BS34 postcode district. The below map shows the position of No. 198 on OAK LEAZE.