2, OAKFIELD ROAD, WOLLATON, NOTTINGHAM, NG8 2SQ - £285,000

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 OAKFIELD ROAD is a midsized extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £288,114. It was last sold for £285,000 in November 2022, which was around 11% below the average November 2022 detached price in the City of Nottingham local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

2 OAKFIELD ROAD Sold Prices

Land registry data shows two sales for 2 OAKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. One of the two 2 OAKFIELD ROAD sales was for below the average price, whilst the other was for above 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 11 NOV	£285,000	£320,469	11% below HPI
1996 8 JAN	£90,000	£64,847	39% above HPI

2 OAKFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The two 2 OAKFIELD ROAD sales from January 1996 and November 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 January 1996 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 OAKFIELD ROAD be worth now?

2 OAKFIELD ROAD might now be worth an estimated £288,114.

This is based on house price inflation of 1.1%, between November 2022 and February 2025, for detached houses, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for 2 OAKFIELD ROAD of £285,000 on 11th November 2022. For the value to have increased from £285,000 to £288,114 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 OAKFIELD ROAD has moved in line with the HPI for detached houses in the City of Nottingham local authority area.
• The November 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKFIELD ROAD has not materially changed since November 2022.

How Large is 2 OAKFIELD ROAD?

2 OAKFIELD ROAD is 107m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 50% of detached houses houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nottingham, and where 2 OAKFIELD ROAD lies on this distribution: 55% of detached houses houses are smaller than 2 OAKFIELD ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

2 OAKFIELD ROAD: Plot and Title Map

2 OAKFIELD ROAD sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 2 OAKFIELD ROAD, 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 OAKFIELD ROAD). 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 OAKFIELD ROAD?

2 OAKFIELD ROAD is located in WOLLATON, in the NG8 postcode district. The below map shows the position of No. 2 on OAKFIELD ROAD.