2, OAKWOOD PARK, NUTLEY, UCKFIELD, TN22 3NB - £315,000

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 OAKWOOD PARK is a small extended detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £544,929. It was last sold for £315,000 in February 2010, which was around 10% below the average February 2010 detached price in the Wealden local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was E.

2 OAKWOOD PARK Sold Prices

Land registry data shows three sales for 2 OAKWOOD PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 2 OAKWOOD PARK 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
2010 12 FEB	£315,000	£349,595	10% below HPI
2004 25 JUN	£290,000	£308,740	6% below HPI
1996 22 AUG	£114,950	£115,908	1% below HPI

2 OAKWOOD PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 2 OAKWOOD PARK sales between August 1996 and February 2010 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 June 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2010 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 OAKWOOD PARK be worth now?

2 OAKWOOD PARK might now be worth an estimated £544,929.

This is based on house price inflation of 73%, between February 2010 and February 2025, for detached houses, in the Wealden local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73% inflationary increase is applied to the most recent sale price for 2 OAKWOOD PARK of £315,000 on 12th February 2010. For the value to have increased from £315,000 to £544,929 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of 2 OAKWOOD PARK has moved in line with the HPI for detached houses in the Wealden local authority area.
• The February 2010 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKWOOD PARK has not materially changed since February 2010.

How Large is 2 OAKWOOD PARK?

2 OAKWOOD PARK is 114m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of detached houses houses in Nutley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nutley, and where 2 OAKWOOD PARK lies on this distribution: 29% of detached houses houses are smaller than 2 OAKWOOD PARK, and 71% of houses are larger. Note that EPC data is not available for all properties in Nutley.

2 OAKWOOD PARK: Plot and Title Map

2 OAKWOOD PARK sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 2 OAKWOOD PARK, 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 PARK). 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 PARK?

2 OAKWOOD PARK is located in NUTLEY, in the TN22 postcode district. The below map shows the position of No. 2 on OAKWOOD PARK.