2, OAKWOOD DRIVE, BINGLEY, BD16 4AH - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 OAKWOOD DRIVE is a midsized detached house of 139m², built sometime between 1967 and 1975. It was last sold for £400,000 in December 2023, which was around 31% above the average December 2023 detached price in the Bradford local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

2 OAKWOOD DRIVE Sold Prices

Land registry data shows four sales for 2 OAKWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bradford local authority area for the corresponding sale date. All of the four 2 OAKWOOD DRIVE sales were 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
2023 15 DEC	£400,000	£304,260	31% above HPI
2011 9 SEP	£283,000	£206,888	37% above HPI
2005 17 NOV	£275,000	£187,708	47% above HPI
1998 1 MAY	£103,250	£81,088	27% above HPI

2 OAKWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bradford local authority area over time, sourced from the HPI. The four 2 OAKWOOD DRIVE sales between May 1998 and December 2023 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 September 2011 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2023 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 2 OAKWOOD DRIVE be worth now?

2 OAKWOOD DRIVE might now be worth an estimated £416,252.

This is based on house price inflation of 4.1%, between December 2023 and December 2024, for detached houses, in the Bradford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% inflationary increase is applied to the most recent sale price for 2 OAKWOOD DRIVE of £400,000 on 15th December 2023. For the value to have increased from £400,000 to £416,252 over the one year to December 2024, the following assumptions must hold true:

• The value of 2 OAKWOOD DRIVE has moved in line with the HPI for detached houses in the Bradford local authority area.
• The December 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKWOOD DRIVE has not materially changed since December 2023.

How Large is 2 OAKWOOD DRIVE?

2 OAKWOOD DRIVE is 139m² according to the EPC inspection conducted in October 2022. This puts it in the largest 50% of detached houses houses in Bingley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bingley, and where 2 OAKWOOD DRIVE lies on this distribution: 57% of detached houses houses are smaller than 2 OAKWOOD DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bingley.

2 OAKWOOD DRIVE: Plot and Title Map

2 OAKWOOD DRIVE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 2 OAKWOOD 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 OAKWOOD 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 OAKWOOD DRIVE?

2 OAKWOOD DRIVE is located in BINGLEY, in the BD16 postcode district. The below map shows the position of No. 2 on OAKWOOD DRIVE.