2, OAK AVENUE, PENLEY, WREXHAM, LL13 0NW - £115,000

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.

2 OAK AVENUE is a very small detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £181,224. It was last sold for £115,000 in January 2012, which was around 41% below the average January 2012 detached price in the Wrexham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

2 OAK AVENUE Sold Prices

Land registry data shows two sales for 2 OAK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wrexham local authority area for the corresponding sale date. Both of the two 2 OAK AVENUE 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
2012 5 JAN	£115,000	£193,312	41% below HPI
2000 14 APR	£47,500	£84,090	44% below HPI

2 OAK AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wrexham local authority area over time, sourced from the HPI. The two 2 OAK AVENUE sales from April 2000 and January 2012 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 April 2000 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2012 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 2 OAK AVENUE be worth now?

2 OAK AVENUE might now be worth an estimated £181,224.

This is based on house price inflation of 57.6%, between January 2012 and February 2025, for detached houses, in the Wrexham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.6% inflationary increase is applied to the most recent sale price for 2 OAK AVENUE of £115,000 on 5th January 2012. For the value to have increased from £115,000 to £181,224 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 OAK AVENUE has moved in line with the HPI for detached houses in the Wrexham local authority area.
• The January 2012 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK AVENUE has not materially changed since January 2012.

How Large is 2 OAK AVENUE?

2 OAK AVENUE is 66m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses houses in Penley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penley, and where 2 OAK AVENUE lies on this distribution: 9% of detached houses houses are smaller than 2 OAK AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Penley.

2 OAK AVENUE: Plot and Title Map

2 OAK AVENUE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 OAK AVENUE, 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 2 OAK AVENUE). 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 2 OAK AVENUE?

2 OAK AVENUE is located in PENLEY, in the LL13 postcode district. The below map shows the position of No. 2 on OAK AVENUE.