2, OAK DRIVE, KIDLINGTON, OX5 2HL - £410,000

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 DRIVE is a very large extended detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £519,060. It was last sold for £410,000 in December 2015, which was around 9% below the average December 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

2 OAK DRIVE Sold Prices

Land registry data shows two sales for 2 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 2 OAK DRIVE 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 18 DEC	£410,000	£449,487	9% below HPI
2005 1 APR	£248,000	£293,420	15% below HPI

2 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 2 OAK DRIVE sales from April 2005 and December 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 April 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 OAK DRIVE be worth now?

2 OAK DRIVE might now be worth an estimated £519,060.

This is based on house price inflation of 26.6%, between December 2015 and February 2025, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.6% inflationary increase is applied to the most recent sale price for 2 OAK DRIVE of £410,000 on 18th December 2015. For the value to have increased from £410,000 to £519,060 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 OAK DRIVE has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The December 2015 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK DRIVE has not materially changed since December 2015.

How Large is 2 OAK DRIVE?

2 OAK DRIVE is 153m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 20% of detached houses houses in Kidlington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kidlington, and where 2 OAK DRIVE lies on this distribution: 83% of detached houses houses are smaller than 2 OAK DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Kidlington.

2 OAK DRIVE: Plot and Title Map

2 OAK DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 2 OAK DRIVE, 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 DRIVE). 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 DRIVE?

2 OAK DRIVE is located in KIDLINGTON, in the OX5 postcode district. The below map shows the position of No. 2 on OAK DRIVE.