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
2 OAK DRIVE is a large extended detached house of 123m², built sometime between 1983 and 1990. It was last sold for £375,000 in December 2022, which was around 20% below the average December 2022 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 OAK DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. All of the three 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 |
---|---|---|---|
2022 14 DEC | £375,000 | £469,424 | 20% below HPI |
2018 29 OCT | £290,000 | £396,470 | 27% below HPI |
2012 3 FEB | £180,000 | £265,810 | 32% below HPI |
The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The three 2 OAK DRIVE sales between February 2012 and December 2022 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 October 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
2 OAK DRIVE is 123m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses in Hinton, based on EPC data. The below chart shows the distribution of detached houses by size in Hinton, and where 2 OAK DRIVE lies on this distribution: 64% of detached houses are smaller than 2 OAK DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Hinton.
2 OAK DRIVE sits on a plot of roughly 0.060 of an acre, or 241m². 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.
2 OAK DRIVE is located in WOODFORD HALSE, in the NN11 postcode district. The below map shows the position of No. 2 on OAK DRIVE.