2, OAK DRIVE, SAWBRIDGEWORTH, CM21 0AH - £745,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 OAK DRIVE is a large extended detached house of 173m², built sometime between 1976 and 1982. It was last sold for £745,000 in May 2021, which was around 4% above the average May 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

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 East Hertfordshire local authority area for the corresponding sale date. One of the two 2 OAK DRIVE sales was for above the average price, whilst the other was 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
2021 13 MAY	£745,000	£713,566	4% above HPI
2005 15 NOV	£400,000	£402,151	1% below HPI

2 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 2 OAK DRIVE sales from November 2005 and May 2021 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 November 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 OAK DRIVE?

2 OAK DRIVE is 173m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of detached houses by size in Sawbridgeworth, and where 2 OAK DRIVE lies on this distribution: 71% of detached houses are smaller than 2 OAK DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

2 OAK DRIVE: Plot and Title Map

2 OAK DRIVE sits on a plot of roughly 0.199 of an acre, or 804m². 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 SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of No. 2 on OAK DRIVE.